The Guild
Directive.
Perspective: Protocol.
The Guild is responsible for 3's asset acquisitions (PHA's; Protocol Held Assets). Keeping to DeFi principles; procurement is almost entirely user driven.
Perspective: User.
It is only through the procurement processes that GUILD is minted and issued. There are currently only three means by which to acquire GUILD from 3:
Purchasing startup tokens (A limited and temporary measure that supports project incubation),
Selling (whitelisted) assets to GuildSwaps Farm, and
Purchasing 3Bonds (with crvUSD) from GuildBonds.
Making GUILD (and 3Fi) procurement attractive therefore becomes vitally important. That responsibility however has not been designed into The Guild but instead, into The Reserve.
The following are PSU's that fall under The Guild:
GuildSwaps.
Farm native tokens with GuildSwaps FARM. Swaps whitelisted assets for GUILD (early participants also receive 3Fi token allocations).
Defend Curve derivative pegs with GuildSwap ARBITRAGE. Swaps whitelisted assets for crvUSD (sourced from 3Bond sales).
GuildBonds.
Purchase 3Bonds with the systems designated stable (currently crvUSD). Swaps the designated stable for 3Bonds; minting GUILD that is auto-LP'd (early participants also receive 3Fi token allocations).
Incubators.
Deployable vehicles, leveraging Grove and Guild tokens, providing solutions for specific use cases.
The following are tokens native to The Guild:
Startup tokens
Pre-mined 3Bonds, startup tokens are limited and temporary with one purpose: to be converted to 3Bonds once GuildBonds (3's bond market), has been deployed.
GUILD.
Of 3's protocols, The Guild is the only one able to mint and issue GUILD tokens. GUILD tokens are Native to The Guild, are 3's currency and way of accounting for external liabilities.
Guild NFTs (3Bonds).
Native to The Guild, the number of 3Bonds outstanding is 3's leading KPI. True to DeFi principles, this KPI exerts a weight that is felt throughout 3's ecosystem.
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