The TDR vote for GP11 didn’t end favorable for Messina sadly, but we are motivated to turn that around and create the best, most considerate proposal this time that takes into account community ideas and suggestions for how our Messina product environment can be best positioned to grow Algorand TVL …

[image] KevinV_UC: What we’d like to do, is find ways to utilise DeFi rewards to attract new governors and Algo DeFi participants. Right. And I applaud you for that. This is precisely the sort of thing that TDR should be focused on. Bringing in new liquidity. And I agree that some TDR can st…

Definitely appreciate your opinion on this. At Messina, we didn’t get TDR at all previously, so if by making changes to the allocation strategies (even if other protocols won’t) we can at least get our TDR approved - it’s a win win for everyone compared to the current period. We can only control our…

John Woods leaked some news regarding Reti consensus rewards and Governance rewards. It sounds like Consensus rewards will start in Q3 alongside GP 12 rewards as a transition period. Messina should prepare to migrate mALGO from Governance rewards to Consensus rewards from day one. mALGO would then …

I see the future in the Token Bridge feature. When users from other chains want to try Algorand, being able to easily bring USDC without CEX or DEX is a huge advantage and a great UI/UX. More than half of the value of mALGO is due to the high APR. However, Token Bridge will bring a lot of people f…

Stacking TDR rewards on top of governance rewards was very poorly received and one of the attention points by critics during the previous 2 periods. So that’s a matter of opinions. We will not be allocating 100% to boost governance rewards, but we probably will do a portion - depending on the pendin…

Hey! Thanks for your contribution! I don’t completely understand what you’re suggesting though. You’re saying we should drop fees, promote DeFi and NFT opportunities on Algorand, and use TDR to sustain the campaign and bridging operations?

My intent is to use TDRs as a token bridge fee for users, to ease the burden and to attract an influx of other chain populations. [image] Token Bridge Fees | Messina.one It might be effective to promote a limited time discount service. People are vulnerable to …

[image] KevinV_UC: Using DeFi Rewards to provide liquidity for trading pairs of newly introduced tokens, as described in the 2 suggestions above - how do you see that? I like the idea of incentives for newly introduced tokens. But, you need to red team it. For instance, you need some params s…

Pooling some TDR to subsidise bridge fees is a very creative idea! I’ll definitely take note of that. Asking influencers or other KOLs to engage with our postings will be costly unfortunately. Especially chain agnostic “real” KOLs (not those scammy marketing agency’s) are pricey. Establishing the …

I like the idea of incentives for newly introduced tokens. But, you need to red team it. For instance, you need some params so that it’s not just bridging dead tokens. Does no good to reward someone for bridging an ETH token they made and that has fake market cap and no trade volume. So, put some t…

GP12 DeFi Rewards TDR Brainstorm - Messina

Governance Discussions

Crypto_Assessor May 15, 2024, 11:26am 26

I love this idea @yazyyyyyyy.algo !

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GP12 DeFi Rewards TDR Brainstorm - Messina

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