(PA, PA)

Good to know: (PA, PA) is the PAPA reference to the (3, 3) strategy on Olympus.

(PA, PA) represents the "bond + stake" strategy, the best strategy for everyone collectively in PAPA DAO from the Game Theory perspective.

What is (PA, PA)?

It represents the (3, 3) in game theory, the best strategy with highest scores for all PAPAs collectively, assuming

  • staking = +2

  • bonding = +1

  • selling = -2

Given 2 actors in all scenarios, the total scores of the protocols:

  • both actors bond & stake = (3, 3) = 6

  • one bond & one stake = (3, 1) = 4

  • if one sells = (1, -1) = 0

  • if both sell = (-3, -3) = -6

In PAPA DAO, PAPA can only be minted or burned by the protocol and it also guarantees that each PAPA is always backed by some amount of 1 USDT.

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