Likes - Activity - AlbertoArrigoni - Algorand

GP14 DeFi Rewards (TDR) Proposal - Folks Finance

Regarding the xALGO/MONKO allocation 0.79%, this is something that can be discussed, but one negative feedback, while always appreciated, can’t change the sentiment, especially since we saw a lot of excitement on the other side and the Algo community strongly requested it. We always listen to the co…

Hi, and thanks for your feedback as always.
I list here few points on why I disagree with your comment:
You said

Why are you implying that xALGO/USDC is not a key trading pair? It will be one of the most important in the ecosystem because of the upcoming staking rewards. It’s a big change for th…

Hello everyone, please find below the Folks Finance TDR allocation for GOV14 period.
Feel free to share your feedback.
Note: Some pools will have a higher allocation because they will be co-incentivised by our partners. Wormhole assets are boosted by Wormhole rewards.
Folks Finance is also collec…

In some sense all TDR is marketing. It allows DeFi apps to have higher APR that attracts more customers.
TDR are also a way to distribute ALGO to users which is what the zealy campaign does. In my opinion the zealy campaign is very well crafted. I have been participating for several rounds and if y…

My comment was referring to the Folks Finance allocation and not on the value of 50k Algo. Folks Finance also is the only project with capped rewards, which is fine for us as we want to support every protocol in the ecosystem, was just to reply to the point you raised.
The link should be open to any…

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 …

@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.

@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.

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 Finance

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%

Hello everyone,
Following the Tether announcement We asked about the possibility of reallocating the GP12 USDt TDR rewards to more strategic assets. Please feel free to share your feedback.
Note: The new allocation should include a stablecoin asset, i.e. no ASA/ASA in the case of a lending pool.

New account and new bridge bonus will be abused. You need to add an additional check. Like linking a discord or twitter account.

It’s true that recommitting the ALGO to mint gALGO in the new quarter would be needed until Folks builds a solution to this. It would be a good opportunity for other projects to build solutions that don’t have the same commitment schedule as Liquid Governance.

What’s up d13! 🙂 with official incentives in place, it’s likely to spark the development of more tools to participate in consensus. The proposal, if passed, should drive interest in bringing more users into consensus, which would bolster the security of Algorand. There are probably a lot of ways to cr…

Hey Lobo 👋 allocating incentives to consensus will hopefully encourage others to develop tools for consensus participation. At the core of this proposal is the desire and need to bolster Algorand’s network security. As the Foundation and Inc are unsure of when they can deliver this at a protocol level…

Hey Scholtz, we worked closely with AF and the DeFi committee to draft this proposal. We have designed it to be a general DeFi proposal as we believe a general Consensus rewarding system must be implemented (not only for FF, indeed yes, we are currently the only one having a system that allows it). …

Measure 5 - DeFi Rewards Q4 Allocation
The community voted strongly to allocate 25M of Algo rewards in GP7 to DeFi, with 7.5M Algo allocated directly to the projects through the Targeted DeFi Rewards program for Q3-Q4/2023.