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# System prepended metadata

title: Raid Guild Round Table - 3/17/22
tags: [futures call]

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tags: futures call
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# Raid Guild Round Table - 3/17/22

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### ~~Brands Participating in $WATER~~ BIG NO from the guild

- TECC
- GIVETH
- PANVALA
- BRIGHT
- RAIDGUILD

##### HNY is nearly the only asset with backing (dwindling reserves)
Creating a liquidity token to be paired with several different projects on gnosischain

- sell water to get xDAI in the door and create liquidity agaist xDAI


### Ways this can go wrong

- project tokens are only as good as their liquidity pools reserve assets
- how many millions of dollars of project tokens do you have vs the reserve token asset 
    - LPs are like a permissionless checking account
    - money in the pool represents money in the account
    - everyone gets a check to pull against that 
    - projects with the highest reserves get rekd
    - projects with low reserves benefit

#### Pros: 
- Pooling a portion of the $RAID treasury with other projects that will not dump on us and we will not dump on them 
    - introducing a some-what solid liquidity program for the $RAID token such that we would be able sustain RAID token price?

#### Cons:
- Flop
    - No one buys water token
    - We lose 100% of the 100k

- Fair token price
    - RAID might be undervalued in the basket

- Undermining our ability to create liquidity for ourselves in the future
    - do we want to do a liquidity program for ourselves instead
    - we might compete against ourselves in the future for supplying liquidity 

- Brand dilution
    - what happens when we associate ourselves with these different groups

### Fair Market Value of RAID ?
