Ok, so I just wanted to make a post here about a community vote pending on the Tinyman Gov platform. Background info:
I have long attempted to drive more inter-defi cooperation in the Algorand space, seeking methods we can utilize our strengths to help each other. I’ve attempted to rally Tinyman Govs for backing Tiny/USDC pairings to help our gov token after learning how important that pairing is.
I’ve long championed multi-platform pools as a way to have more of a ripple-effect across the ecosystem via vastly underutilized fasset LPs as opposed to their vanilla counterparts.
To this effect in-order to help Tinyman govs with good ideas and intentions that just needed more of a thought out plan regarding coordination I spent a few weeks going over an idea in my head to build out a diversified Tinyman community treasury, largely building on my knowledge from being apart of Folks Finance during the Defi-Governance era. After posting about it on the tinyman governance forums and with some discussion and slight refinement we came to this:
For a short summery it would seek to shift our reliance from just Tiny as a funding source to a wallet with stable-pairings/important pairings that would bring more liquidity to important pools as well as laying the ground work for future expansion efforts.
It would use a fraction of our trading fees to buy up LPs, staring with tiny/USDC and goBTC/USDC.
Overtime as the treasury is built moving on to other pairings as decided on by voters like: goBTC/wBTC, goETH/wETH, tALGO/ALGO, GOLD/USDC, SILVER/USDC, and eventually hopefully shifting to fasset pairings to take advantage of lending fees as well as help drive more liquidity to Folks lending markets in-order to push broader cooperation between defi systems.
I’m posting here on the off chance anyone browsing is a member of Tinyman Gov, as well as asking for some visibility boosting of my proposal tweet:
Anyway, thank you for your time.
And this is a direct link to the poll itself: