Humble DeFi Community Feedback for GP 11

Algo/USDC - 80
EURs/USDC - 20

My rationale:

  • ALGO/USDC liquidity is the base for Algorand DeFi.
  • As much as I love GOLD$ and SILVER$, there is no current mechanism for regular users to bring GOLD$ and SILVER$ on-chain onto Algorand. The current liquidity is provided by Meld Gold and its partners.
  • goBTC and goETH bridge is centralized. I would reconsider if Algomint would deliver on their roadmap the trustless, permissionless, decentralized bridge.
  • Algorand DeFi would be the ideal DeFi platform to support currency swaps - EURs/USDC would be a good showcase.