Hello everyone, please find below the Folks Finance TDR allocation for GOV13 period. Feel free to share your feedback. Note: * Allocation may vary during the period. Some pools will have a higher allocation because they will be co-incentivised by our partners Deposit Boost 10.96% …

Copy Pasta: We’ve become flexible with cross-chain assets over the years but it’s starting to feel like overkill. I’ll also add that I have little confidence that these pools are being utilized by enough unique wallets and/or with a decent enough spread. Essentially enriching a number of wallets t…

Spends for things like “marketing” and “zealy” are fungible with FF’s general operating expenses. Unless FF wants to open up all its books and records to inspection, this is a black hole into which governors have no transparency or way to verify spends and whether it is worthwhile. It also does not …

USDC yield is becoming increasingly competitive. I’d like to see more weight behind USDC deposit boost. Having one of the best available yields on USDC could bring a lot of newcomers who are just looking for a good place to park their cash. Case in point, it’s what led me to Folks initially, but now…

I mirror Tryvis’s USDC comment. My USDC is currently sat in Coinbase earn as you aren’t competitive. Separately, please can you share the Zealy achievements/stats from last Governance’s 50k, or not request further allocations towards something that can’t be justified.

Hi @GhostOfMcAfee @Gov_algo @Dunn Thanks for the feedbacks. Zealy is marketing, I edited the post to avoid misunderstandings and regarding transparency, both algo reward distribution and results are always public. In this document you will find the metrics related to the Zealy GP11 campaign ( Folks F…

@Gov_algo Regarding the xALGO/xxx pools, we still don’t know the exact date of when the consensus rewards will be released in Q4, so we decided to allocate a “small amount” in the main pair to initially bootstrap the liquidity.

@Tryvis @dunn Thanks for your feedback, the USDC deposit boost % is still in line with the previous allocations, however we can evaluate your comments and increase the allocation

Marketing is a core operations spend of any project. This sets bad precedent (as every project could justify using TDR for marketing) and it should not be funded by from the AF treasury.

This is a very small percentage and it is almost impossible to do anything better with such a small amount. The initiative is aimed at increasing the TVL, attracting new users and retain them, so it falls under the TDR scope. But again it is a small % and the allocation is totally redirected to the …

GP13 DeFi rewards (TDR) Proposal - Folks Finance

Governance Discussions Rewards Proposals

Gov_algo August 10, 2024, 12:57am 4

Instead of marketing and zealy, should increase on consensus pool and consensus related pools(like xalgo/xxx) to increase TVL in eco system

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GP13 DeFi rewards (TDR) Proposal - Folks Finance

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