# GP12 DeFi Rewards (TDR) Proposal - Humble DeFi

**URL:** <https://forum.algorand.co/t/gp12-defi-rewards-tdr-proposal-humble-defi/11967>\
**Category:** Rewards Proposals\
**Tags:** targeted-defi-reward\
**Created:** [May 10, 2024, 1:48am UTC](https://forum.algorand.co/t/gp12-defi-rewards-tdr-proposal-humble-defi/11967 "2024-05-10T01:48:47Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![SolumAlgo](https://avatars.discourse-cdn.com/v4/letter/s/bc79bd/32.png) [@SolumAlgo](https://forum.algorand.co/u/SolumAlgo)\
**Post date:** [June 2, 2024, 12:50am UTC](https://forum.algorand.co/t/gp12-defi-rewards-tdr-proposal-humble-defi/11967/5 "2024-06-02T00:50:36Z")

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This is one of the most important proposals for GP12, as the biggest complaint I see against Algorand is lack of liquidity. Whales can’t swap on Algorand between Algo/USDC without 3-5% slippage, which is unacceptable. If we want to attract big money we have to beef up our Algo/USDC pools. Nobody cares how fast trades are if they quickly lose 3%.

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