How does it hurt algo token?
How does TDR affect/limit innovation of say Tinyman Dex?
Pure laziness, they have no incentive to innovate and bring new users.
It hurts algo token by dumping millions in circulation that just get sold.
If TinyMan is considered a crucial part of the broader DeFi ecosystem, its success is pivotal to the overall success of the ecosystem.
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You are conflating things here. I donât think anyone disputes that they want Tinyman to be successful.
The question is how does paying people from AF treasury to incentivize this specific LP positively impact the entire ecosystem?
Is there some particular need that is not currently being met by market forces?
Or, is the rationale just âTinyman gud, gib munny,â?
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I answered your question, but you havenât acknowledged it.
Incentivizing the TINY/ALGO pool fosters growth for the TinyMan platform, which in turn drives the success of the entire ecosystem.
This concludes my conversation with you.
Hi everyone, first time posting here! I had an idea to boost trading activity by organizing trading competitions across different coins. The top 5 traders could win rewards, which could be in the form of tokens, NFTs, or other incentives. I think this could make trading more exciting and give participants something extra to aim for. In addition to the increased trading causing the LPâs benefits as well. What do you all think?
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How does it foster growth? Pay people to throw more money into LP . . . and then?
If you canât finish that thought, and explain what specific currently unmet need is being met, it sounds like you are opting for the âTinyman gud, gib moneyâ option.
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Tinyman does what it was meant to do. Itâs a decentralize exchange and it does this extremely well already - it just works.
And on top of this, they have new things coming in their roadmap like cross chain swaps, auto compounding, etc. - this are all innovations being implemented over time.
Regarding hurting Algo Tokens - one way or another the token will have to be put into circulation. I donât thing algoâs entering circulation is a bad thing. In fact, once all the Algos are in circulation, selling pressure will decrease by a lot, which then should lead to upward pressure on price (given their is demand).
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If someone wants to swap 20 million dollars USDC to Algo on Tinyman - they canât currently do it. Because their isnt enough liquidity.
We need more liquidity into Tinyman - itâs as simple as that.
Incentives works and brings in more liquidity. You can check go back and check the numbers.
The discussion is about overly generous incentives for the TINY/ALGO LP. That has nothing to do with someone swapping USDC to ALGO. If anything, you are bolstering my argument which is that only core pairs should really be incentivized.
At any rate, your example is quite extreme. $20M is more than Algoâs current 24hr trade volume on CEXes. Nobody is trying to do that on a DEX.
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I donât think itâs over generous. Tinyman to be fair, is the best DEX on Algorand. We should try to make it the go to DEX at least for all new comers. That said, giving incentives to Tiny/Algo pool is totally fine. Itâs not like that pool is getting 100% of the funds. they getting approx 10% which is fair.
Yes - only core pairs should be incentivized. I beleive Tiny/Algo pool is a core pair for an ASA at least. Out of all the ASA out there - Iâd argue Tiny Token is by far the most popular or one of the few that are very popular amongst traders, users etc.
Well the end goal is to get the big funds interested enough overtime to use Tinyman to make such huge trades. if you can make a big trade like that on a dex, why bother using a CEXâŚ
Whatâs the alternative if Tinyman doesnât get the 10% of funds (what is the exact percentage anyways, 10 or 15%?
If Tinyman doesnât get say 15% of the funds, then they should at least get 5% minimum⌠the other 10% - where do you want that to go?
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Firstly i think itâs misplaced that the debate about TDR in general, is happening on tinyman topic - but iâll go along with it.
#1- I think all things considered (TDRs are still a thing, even though they were afaik supposed ot sunset 2 periods agoâŚ) tinymans proposal is fair. And they have ben consistent and transparent with how their distributions are done - so iâll obviously support it. That is including the proposed TDR allocation to tiny token. Even more so, because there are significant ârewardsâ being allocated in TINY towards supporting ecosystem tokens anyway so stable price there is very welcome.
#2 - TDRs should stop existing immediately(atleast in current form and with current KPIs). There were some great arguments stated in this thread already so iâll jsut leave it at that.
#3 - Tinyman has shown how DEX can, using their own token, engage and activate community - this is how things should be done, not by piggybacking on top of the free TDR from AF (and essentially our own pockets if you think about it ^^)
#4 - read #3 again
Have great day everyone
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Why is opul here? They basically abandoned and trash talked algorand. And an amount higher than most other ASAs. I love Tinyman, but thereâs got to be a reason for this, something along the lines of âSorry, that was a total mistake, it should have never been in there.â
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People are actually trading Opul on Algorand. The volume justifies it I believe.
Opul may have left algorand but people seems to still be speculating on itâs price on algorand network. This is good for the ecosystem.
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Are these the final list of included projects? From the list there are multiple projects like ZONE that have had the majority of their Liquidity removed, and have way lower TVL than when this was first posted.
I would assume that some checks are done to verify this list before it goes live during GP13?
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Hi @Ragingdragon Thank you for your feedback. We are closely monitoring the development of TVL and Liquidity of the pools chosen for TDR allocations. Coming closer to the launch of the new TDR farms, we may do adjustments if necessary. In case adjustments happen, we will of course communicate that here in the forum as well.
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Thank you for your response! I had found it concerning that some of the listed TDR projects have had significant drops in TVL, but that no announcements had been made yet. I am glad there are at least plans to adjust if needed. But the communication should come sooner rather than later as people are already starting to plan for G13, as it starts in only a couple more weeks.
GP, BLOCKS, and ZONE pools all need to be looked at. Especially ZONE since the team removed most of their LP for ZONE/Algo on September 21st.
Lots of other tokens deserve to be included in TDR this Governance, but without another snapshot these projects would be excluded.
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Hi Everyone,
We would like to thank you for your input regarding the eligibility of certain pools for the planned TDR allocations. As for every upcoming TDR period, we checked the metrics of all the initially proposed pools once again.
Based on TVL, 7D Volume, Number of LPs and also community feedback, we have removed 3 pools from the TDR farms and have added 3 new pools.
You can find an overview of the new allocations in the sheet below.
The new TDR farms will go live on Tinyman on October 15th.
Best, Tinyman Team
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Based on the latest pool and trading metrics, as well as community feedback, we have now made the final adjustments to the GP13 TDR Allocations.
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