Values updated as of May 21st Greetings Algorand Family, GP12 is up and coming, and we have taken alot of time in considering how we would distribute these rewards. For this quarter, we are approximating 1,128,000 ALGO in rewards. We have attempted to consolidate down on pairs, placing higher wei…

goUSD has shown its not ready to be used since algomint isnt able to balance risks and keep goUSD pegged. they make shortsighted decisions and their basket limits are no limits at all. thats why you shouldnt focus on goUSD at all and instead USDC-USDt pools for example. at this point goUSD=xUSD and …

Hey lobo :slight_smile: To shine some light on our decisions around goUSD and xUSD in particular… I agree with you the xUSD and goUSD have struggled to find peg as of recent, though I have had conversations with both teams about their strategies to bring these up and am supportive of them, as they…

Why allocate 40k to malgo-algo pairing. Are they turning malgo into a liquid staking token? Since xusd=gousd at this point i think it makes sense to remove the gousd-usdc/usdt pairs and just go with xusd instead. Or the opposite (make the metal pairs gousd vs. Xusd) it really doesnt matter. Splitti…

Hey man, mAlgo is intending to move it to an LST, though they are still waiting for more technical details to best determine their lift and how they will pivot it. So I think its valid to keep on this quarter. I spoke with you a bit about my worry around gAlgo in this regard, which is why we reduce…

Hello, can you incentivize also Vote Coin pools , ASA.Gold pools and GoldDAO pools please?

I think we need at least one native Algorand Stablecoin. xBacked is backed by over-collateralized CDP vaults of various Crypto assets. goUSD is backed 93% by xUSD. If anything that proves that xUSD has the stronger backing and goUSD should be sunset. Imo it’s not fair to lump them in the same catego…

What is your reasoning behind this?

I think AsaStats should have a higher allocation, we ALL use the portfolio tracker and they already announced that premium subscriptions should begin by the end of June. They’ve proven to be an invaluable protocol when it comes to tracking token holdings, staking and LP positions across multiple wal…

I can get behind this, I will revaluate. Ipaleka has been an OG in the space and I do love ASAstats. As far as the xUSD over goUSD, its a consideration. I think Algomint is a great team who brings value though it hasn’t been fully realized/panned out. I don’t think them leaving is the preferred opt…

I’m not asking for AlgoMint to leave the ecosystem entirely, I just think the goUSD token should be deprecated if there’s not a solid plan to keep the basket diversified…right now it’s almost entirely being propped up by xUSD, this is facts

GP12 DeFi Rewards (TDR) Proposal - Pact Fi

Governance Discussions Rewards Proposals

Algorandjay May 12, 2024, 5:58am 13

I agree 100% that ASASTATS needs more love. One of the best projects on algorand to this day

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GP12 DeFi Rewards (TDR) Proposal - Pact Fi

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