Hello Algofam! We’re here to share the key insights from the previous allocation and our reward distribution strategy for the coming quarter. First and foremost, thank you to our incredible community for endorsing Tinyman in the GP12 Governance Proposal.
GP12: Our Vision for the Next Quarter
We currently have ~11,500 active LP positions in the 50 largest pools selected for Targeted DeFi rewards farms, marking a 15% growth in the past quarter.🔥 Tinyman has also covered over 65% of the trading volume on the Algorand network, showcasing our substantial impact.
For the next quarter, we’re focusing on expanding LP growth by targeting a 10% increase. By bringing in more LPs, we aim to enhance our pools’ depth and widely distribute liquidity ownership. This strategy promotes decentralization and sustainability which are key priorities for our ecosystem’s stability.
Our Strategy for Boosting Liquidity and Growth
To maintain and accelerate our growth, we’ve developed a targeted distribution plan for the next governance period. Here’s an overview of our approach:
Pool Allocations:
- 85% — 39 ALGO/ASA Pools (excluding USDC/USDT)
- 5% — 10 Wrapped Asset Pools to support cross-chain interactions.
- 7% — Lending Pools to boost lending activities and capital efficiency.
- 3% — Joint initiative with Folks Finance
Key Insights from Q1:
- TDR Calculations: Tinyman reported approximately 90M ALGO for GP12 TDR calculations, showcasing a 12% growth compared to the previous period.
- Swap Volume: Approximately $80M in swap volume was generated in the last 90 days on Tinyman pools, up from $60M in the previous period. Notably, the ALGO/USDC pool alone accounted for 50% of this total volume.
- LP Growth: 11,500 active LP users in the 50 largest pools selected for TDR Farms, a 15% increase over the past quarter.
For a detailed breakdown, please refer to the spreadsheet: Tinyman | GP12 TDR Allocations — Google Sheets.
Note: We have already allocated rewards for the $TINY token in previous periods. Keep an eye out — TINY is coming soon!
Supercharging Rewards with Our Partners
Introducing expanded collaborations with our parners! These partnerships will help us double the rewards and enhance the benefits for our users. This period, we are again working with leading projects such as Folks Finance, Vestige, A200, BARB, CompX, Cometa, Algo Casino, Defly Wallet, Polkagold, COOP, AlgoLeagues, Cosmic Champs, MessinaOne, MeldGold, MessinaOne, and Algomint.
If your project is willing to collaborate and provide incentives to your user base, please feel free to Apply for Tinyman Farms.
Shape Our Future Together
We highly value our community’s feedback and involvement, and encourage everyone to participate and share their thoughts. Join the proposal discussion on our post on the Algorand Governance Forum. Visit the Tinyman Governance Forum to stay informed and contribute your ideas.
Looking ahead, we are incredibly excited about what’s coming next for Tinyman. We are very close to launching the much-anticipated TINY token and the airdrop.🪂
🙏 Lastly, big thanks to the Algorand community, our project partners, and all of you joining us on this amazing journey. Let’s keep in touch on socials:
