G’day Algorand gov’s, Algomint is seeking feedback on our GP12 Rewards Proposal. Feel free to drop your comments and suggestions. Due to feedback from participants Algomint have removed goMINT reward allocations. [image] Algomint GP12 (Q3 2024) TDR proposal What is Algomint? Re…

I do not support allocating TDR towards incentivizing goUSD. At this point, I recommend sunsetting the goUSD product and focusing all resources on goBTC and goETH. I do not support allocating TDR towards goMINT because it has no utility. Keep it simple: Pact Lending Pools ALGO/goBTC 10% ALGO/go…

What happened to x-NFT and the funds that were allocated for it in Gov 10? This really needs to be accounted for, IMO. Agree with @oysterpack and @APT that goUSD really isn’t serving anyone and should be sunset. goMint has also never fulfilled any of its original intended purposes as a governance …

Tbh I’m not sure if we need two native Algorand Stablecoins… currently the basket weights seems to be controlled by AlgoMint whereas xBacked Vaults allow the users to diversify the backing of xUSD which is over-collateralized. What steps is AlgoMint taking to ensure that goUSD will remain backed by …

Hi Oyster, We have been waiting on governance contracts that will be open source (coming out soon) to implement utility for goMINT. We took the decision to wait for open source code primarily to conserve runway/development funds. With regard to supporting goMINT with rewards, there is a very smal…

Hey mate, Algorai have started to allow goUSD to be used as an alternative USD deposit asset (only on the GOLD pool but hoping to expand this to others). Also see the reply to Oyster on goUSD (prior to the last month it was highly effective and saw significant volume as a conduit between the differ…

Hey mate, There is some exciting news around X-NFT coming, the previous period release is complete and awaiting this news for it’s release. Algomint has also covered this periods X-NFT program as well out of its own treasury with news on this coming as well (It has taken a bit longer than anticipat…

Hi Mochanerd, goUSD is a bit different to xUSD and our current proposal focuses on USDC and USDT with goUSD, and no incentives for xUSD / goUSD. This is designed specifically to help drive what you have described. The key issue with goUSD is that it has been used as the conduit to other USD assets…

I think otherwise looks good, but maybe take bit off from goBTC/wBTC & goETH/wETH and allocate some into Tinyman goUSD/USDC. Side note: Do not sunset goUSD like said in here, I suggest that you should rather expand introduce goEUR. Best regards, ROAM

I am not sure I agree with the even splits. More nuance may be needed as to both asset pairs and DEXes. (Personally I wish they would throw Humble a bone since they got rekt by not getting any TDR last time and so they had crap volume for calculating rewards this time around. But, I’m not as concern…

GP12 DeFi Rewards (TDR) Proposal - Algomint

Governance Discussions Rewards Proposals

APT May 10, 2024, 12:55pm 3

How will gousd be used on algorai?

I kind of agree with oyster might be time to sunset gousd and focus on gobtc/goeth.

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GP12 DeFi Rewards (TDR) Proposal - Algomint

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