Issue a 13.8 milion bond token (1/1 with STX parity ) and see if there are interested investors. The token should be swappable only for STX. In this way you don’t have to worry about buying STX directly from the market and chase the price.
The bond token will be secured by the future incomes of the Alex Dex.
The investors receive x% out of the fees for the next “n” months or years. Think of an attractive proposal.
At the end of the period Alex can rebuy the bond tokens from the investors or extend the life of the bond.
That’s an insightful suggestion. The team might consider establishing an over-collateralized vault rate with its backed assets.
This would be a change from the current strategy of leveraging the ALEX treasury, which significantly impacts the ALEX circulation.
Another option could be to use the ALEX treasury as collateral for bond issuance.
Projected future income, plus the potential return of the stolen fund could serve as an extra reward for bondholders.
The fund would have full liquidity. Any user interested in a swap that could facilitate an exit, potentially at a discount?
This proposal has been used as reference in this 𝕏 post: x.com
SEE: Proposal Category 2: Issue 1-1 Pegged Synthetic Assets to Add into Liquidity Pools | Proposal 2.2: Synthetic USDC or Bond Structure (28 million USDC)