# A little hard data: Tiny/wbtc (Folks) LP (October 2026) **URL:** \ **Category:** General\ **Created:** [September 18, 2026, 5:44pm UTC](https://gov.tinyman.org/t/a-little-hard-data-tiny-wbtc-folks-lp-october-2026/1119 "2026-09-18T17:44:45Z")\ **Posts on this page:** 1\ **Showing post:** 4
**Author:** ![NerdyForDesign](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.tinyman.org/nerdyfordesign/32/300_2.png) [@NerdyForDesign](https://gov.tinyman.org/u/NerdyForDesign)\ **Post date:** [September 22, 2026, 2:08am UTC](https://gov.tinyman.org/t/a-little-hard-data-tiny-wbtc-folks-lp-october-2026/1119/4 "2026-09-22T02:08:45Z")
@Goldenalgo I agree completely. Tiny/goBTC hasn’t had a farm behind in in sometime now, not since I and kedmd.algo stopped backing it months ago. Kedmd for his part does look like he’s kinda abandoned his governance, I have at times tried to send a message asking to pop in but they’ve been MIA from voting for a long, long while now. Something that’s very unfortunate given they are our sixth largest gov. The tiny/goBTC LP is also incredibly small compared to months past, sitting at only a few thousand in liquidity. I’m hopeful that a decent farm behind tiny/wbtc will pull some old tiny/gobtc towards this one overtime and even if it only attracts a handful of eyes from our govs, it only takes a relatively small amount of capital for us individually to grow that LP into the size of tiny/gobtc after all. And once it gets established the slippage issue will stop mattering as much. Even if it’s JUST the handful of govs in the LP just recommitting our farming rewards into the LP, compounding will work in our favor here. For my part I will work on cycling farming and governance rewards into the wbtc LP as they come to grow it as I can, although it will be a slow process, and hope that more tiny users especially govs, opt to put a little tiny in it themselves from time to time – growing Tiny-paired LP’s is the entire reason I pushed for a proposal seeking them to be granted voting rights in exchange for locking in the gov vault after all. Deep tiny-paired LPs in core projects is important to me. And I’ll likely keep my tiny in place compounding until I’m interested in withdrawing for a gov vault lock – for us that would still work out beatifically to us all because that would be me waiting and growing the LP till I have 2-3M tiny in place anyway. I’ll also plan on keeping some tiny and wbtc in Folks until I have a build up to deposit both of them into the LP. But regardless I’ll still just build and compound the LP overtime till I have enough to withdraw some for those other goals. For me tiny/gobtc farming is how I build a decent share of my tiny gov vault in the first place. And in the event of a solid bull run I think deep liquidity in a tiny/wbtc pairing would offer us significant upwards price pressure – soaking up market tiny demand as the price of Bitcoin rises in a way we ourselves haven’t been able to do compared to sell pressure. I’ve already dropped from holding all the of LP to just 8.39%, and based on the transactions it looks like the LP consists of three of us right now in total. Assuming the LP stays as small between now and the start of farming next month, I’m very interested in how the size of the LP vs the rewards offered in farming effects liquidity, as well as if any tiny/gobtc liquidity flows into it and I’ll be tracking it here. \*\*\*Establishing new tiny/pairings like this is imo something we would be good at as Tiny governors, having treasury assets bare the initial hit (and recoup them with farming rewards and fees overtime of course) but I have little faith in a proposal to allocate any treasury assets into setting up an LP like this would muster the support to pass an on-chain vote atm, however I may put forth a proposal for a small initial allocation for building these pairings eventually, using some of the allocation of idle treasury assets to seed it. However I am in no mood to work on a proposal atm and seeing only 1% of tiny govs vote for it on chain. It’s a lot of work to whip votes and get community members to the forums. It’s even more work to try to get them to vote on chain. Ideally this is something that if we had any sort of decent income outside of fees and staking rewards would be great at “seeding” pools like this by developing protocol-owned liquidity. As of yet however we don’t have a means to do this that’s practical under current market conditions, that can also pass an on-chain vote.\*\*\* And even if it does get to a vote, It’ll need a coordinated effort from us govs to message and get people to the forums to vote. Preferably a lot of us in support before it even goes on chain so we know they’ll show up come voting time. Tiny/wbtc offered me an interesting new data point in my goal to try to figure how how effective or ineffective farming rewards actually are to liquidity providers. From where I am looking, I don’t think they matter that much, liquidity does not seem to flow that much regardless of rewards offered. You can think of this thread as an extension of if you like: > [@A little hard data: Tiny/USDC LP](https://gov.tinyman.org/t/a-little-hard-data-tiny-usdc-lp/1093): > > Aug 30, 5:23 PM This is going to be far too small of a sample to draw much from most likely, but I thought it might be useful to note how my early-morning sleepy-eyed mistake in voting for tiny/tinu instead of tiny/usdc for farming rewards will play out: It’s a day before the farms for August end: Tiny/usdc status: Tiny Farming Rewards: Cycle 25: 5.1117k each cycle $8,212.62 Locked in farm, $11,344.92 locked in the LP 72.39% of the LP is activ… Overall my accidental withdraw of farming support this month didn’t effect tiny/usdc that much, nor did my accidental support of tiny/tinu draw much new liquidity to that LP. So now my question is: Will a decent sized farm effect a new LP with low liquidity much at all? Bootstrapping new projects is I would assume one of the major reasons a new gov would buy up a lot of tinypower for their LPs. So how many users and how much liquidity will a decent farm behind a new LP actually pull? Worse-case: I capture like 90% of the farming rewards myself and just re-commit them into the LP to grow it. 🤷‍♂️ As of 9/22 the LP has grown significantly compared to me holding 99% of it at establishment, I’ve fallen to just 12.31% of the LP from 99%. This experiment in part comes in part from this proposal: > [@Future of Tiny Governance & Farms](https://gov.tinyman.org/t/future-of-tiny-governance-farms/1062): > > Great to see the community come out in such a big vote on this latest proposal that made it to voting. It is clear now that it is not going to pass which is a big win for the community long term; it seemed to be a proposal for the sake of making a proposal and extremely wasteful of TINY resources, especially the way it was framed - $1,000 being dumped on you today, $10,000 tomorrow - all whilst farming additional TINY to dump beyond the $1,000 extracted today, $10,000 tomorrow. I think we need… These are my stances on anything that increases rewards to a mostly inactive tiny userbase: > Further farming rewards have almost NO impact in liquidity pairings at all. No one farms LPs for rewards alone, and if they do it’s only because they either own most of the supply of the token themselves, or they just move on when the farm drives up. > > Our largest LPs have the smallest farms. Our largest farms have some of the lowest liquidity around. Furthermore most LP providers dont even bothering farming at all. Farming rewards are ineffective at driving liquidity to pools My stance is, farming is not that important to govs because most of them don’t vote. Like 95-98% of our govs just ignore the farm allocation duty we have. That’s absurd to me. I admittedly went maybe a little to far in my proposal to gut those that don’t vote for farming [allocations of their rewards for the month.](https://gov.tinyman.org/t/enhancing-tinyman-governance-model-lp-edition/998) If I was reworking the proposal today, I would still implement a slashing of some sort, (maybe just 5-10% of rewards and burn it, something that still goes to the support of Tinyman by increasing our burn amount of the total maximum supply of Tiny even if it does not directly help akin to our BBB program). And yeah, we cant force people to be active of course, I just like a carrot and a stick approach myself and it’s a little frustrating cause, my entire stance on crypto is _not_ that decentralization means just no central bank, no central control etc, **but the idea of many people coming together to build something greater than they could alone, Lots of people putting in a little bit of work to _make_** something good. Taken both of those threads into account I wondered: **What role does farming rewards _actually_ play for us as govs. I looked up how it works out for crypto overall and the data from yeild farming wasn’t that pretty. So I thought, well ok, lets poke around and see what our data can tell us from our platform about farms, yeild, and liquidity.** _ **And can this information be used to help formulate policy ideas that can help the community?** _ --- _[View the full topic](https://gov.tinyman.org/t/a-little-hard-data-tiny-wbtc-folks-lp-october-2026/1119)._