Honestly I was a little torn at first glance, but I talked myself into it with some of the points others have made also.
On one hand fractured liquidity isn't ideal, on the other Curve is so established and integrated into defi that it's kinda silly to not have an alETH presence there long term.
Looking at just the 24hr volume on saddle, we did $521k. Directly comparing to curve that would be the 26th pool by 24hr volume (3rd for ETH specific pools). I'm sure if we were deployed on curve, they would quickly do more volume than saddle
In addition, by splitting the ACLX rewards in half, we would still be pretty competitive for the top APR/Y on curve for ETH pools (roughly tied with stETH). That should serve to attract liquidity and incentivize higher volume traded as well. Plenty of people will ape into whatever the best APY is.
Once Curve/CVX rewards come into play, we'd be by far the most profitable ETH-pegged pool.
On a tangent that might not make much sense (haven't gone deep into Tokemak yet). If our vote goes through on that proposal and we end up working with them for bootstrapping liquidity, is it viable to have it deployed in the curve/saddle pools? Or is that not how it works?
Edit: I believe scoopy has long-standing relationships with the saddle team (sorry if i'm misremembering). If this picks up steam maybe he would be able to keep things tight with them.
Personally, I'm a big advocate for building long-term partnerships in the space as much as possible. The better integrated we are in terms of the protocol and community, the more treacherous a moat future copy cats will have to cross. I'd love to keep things good with Saddle (we did launch a hyped product exclusively with them) but, practically, curve is a much bigger player if there does need to be an either/or in the future.