Targeted DeFi Rewards (TDR) are undergoing a significant change for GP11 and the governance team have asked us to seek feedback from the community about our distribution plans before putting them into the governance voting in March 2024 for governor’s approval. In GP11, Messina proposes to distribu…

Unfortunately we are not able to share the exact quantity of ALGOs at this time as this calculation has not been completed by the governance team yet. Also the breakdown of which pools will receive rewards is not firm yet as discussions with DEXes are still ongoing, and our policy is we work with p…

In the latest TDR allocation draft calculation by the Foundation, Messina has been awarded 447,718 ALGO to distribute. We have been in discussions with partner protocols and our proposed distribution is as follows: Tinyman mALGO / ALGO pool: 120,000 wBNB / ALGO pool: 13,500 PEPE / ALGO pool: 13,5…

Your distribution of rewards is exactly why we should abolish TDR. The more I read this stuff the more I take your platform as a joke. There is no way you and whoever you talked to thought this was a good idea of rewards allocation. Future assets with tinyman? Saving for $Tiny drop? :laughing:

why are you at all rewarding stuff on algorai that has nothing to do with mALGO or any of your assets (just because you wrap ETH into goETH its still an algomint asset)? i know that algo foundry is behind messina and algorai but that doesnt mean you can just do stuff like that, keep those projects s…

What is this??? Joke I hope… like WTF ? What is that BIGBOI thing? Also pretty heavy AlgoRai incentives… not good at all. this is embarrassing.

Looking at the revised proposal and the original propoal’s intentions: “Partnerships with DEXes (Tinyman, Pact, etc) and AlgoRai to incentivise LP Pools for tokens that Messina bridges into Algorand (wBNB, Pepe, etc) and mALGO : 100%” I don’t see how BIGBOI and goAssets fit into the above. (I hadn…

Hi all, thank you for taking the time to provide feedback. Let me start by sharing our thinking around how to distribute TDR. Firstly we look at the assets that contribute to the metrics to receive our allocation. Secondly we look at how we can incentivise pools that will reward users to bridge ass…

Can you explain to me the mALGO Bear: 78,718 allocation? As someone that’s only briefly looked at Algorai - I’m not sure how you even speculate on the price movement of mAlgo… doesn’t it only go up with governance rewards? Or does it work as a proxy for speculating on Algo itself? And if it is wo…

This is the first I am hearing of bigboi. Do you have information on the creator/dev behind it? Tokenomics? I cannot even find a website by them. Incentivizing them would be an absolute travesty, unless you can provide very clear examples of how they are growing the chain or bringing users. “They wi…

AlgoRai’s mALGO Bear is based on the price movement of ALGO so a bear vault is basically selling a Call Option, as when it is in the money the buyer of the option has the right to buy the underlying asset (in this case ALGO) for the strike price. This is also why there are no direct bull vaults as …

Messina TDR Distribution Plan Suggestion For GP11

Governance Discussions

frequencydip February 25, 2024, 8:02pm 27

I can only recommend my favorites; RIO (2751733) and rUSD (2757561). I would provide additional liquidity for these paired with ALGO, or mALGO, and RIO/rUSD for the rewards.

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Messina TDR Distribution Plan Suggestion For GP11

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