There’s of course a lot of ways to build value, TVL is kinda the most often cited but there’s more than just monetary value in a defi ecosystem.
What are core trading pairs to Tinyman as both a trading platform, and it’s users and how can we help drive value to those pools? How can we multiply Tinyman’s effect in the Algorand ecosystem and encourage users towards that end?
For one, the proposal for a diversified treasury is part of that: having the future resources to develop ways, tools, tutorials, and educational resources to drive value to Tinyman and pull in new users from the ecosystem and also from other chains. That was the core idea that birthed it, reading other’s concerns and thinking, hmmm how do we go about having a firm foundation to do that? (If you have not read that or voted in the pool at the end of the comments you should look it up here).
Now one easy way is thinking about what skills we have as a group of govs. An example: I do art and design. I’m a Graphic Design/Art Studio major. I’m also a writer. I am a budding printmaker, mostly digital but with an eye towards establishing a proper printmaking studio, in particular I enjoy studying poster design. I also enjoy finance. And I occasionally manage socials for establishments. How many other govs enjoy branding? Enjoy creating? Know how to go through the process to create ideas, plan them, refine them, and pitch them well?
Sure you can churn out AI slop for quick views but all of it looks the same. Literally. Nothing is awe inspiring. Creating good, effective, communication campaigns takes time, effort, and skill:
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Can we bring together a community of tinyman users that have backgrounds in such tasks and create groups to share, refine, plan, and present to others (perhaps with a subforum dedicated to media idea creation, memes, posters banners, video if that’s your specialty, etc?) None of this would need gov approval exactly unless we decided to launch campaigns based around ideas we’d refined.
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What else do we as community have in common we can work towards making Tinyman and Algorand better? How can we use our individual skill sets in an organized way to benefit us as a whole? What skills do some of us have that we can combine and work-together on things to grow the platform? Can we organize teams of us along our own personal strengths to create value for Tinyman? Long-tem value mind you.
Because decentralized doesn’t have to mean alone. For me I’ve often thought of the decentralized concept of crypto be less about no central bank, no goverment central body etc, and more about many people coming together to build something bigger than they could alone.
Another method of cooperation is agreeing with each other to help boost value towards the platform.
An example is coming up with a consensus that we could agree on to push tiny voting power towards pairings that can do good for us all. Overall it doesn’t even have to be a lot from individual members either. A couple of percentage points of votes from the top 20 Govs to each would establish some sizable farms. A dedicated section of the forum to propose grouping together Tinypower and figuring out how much you have together if you each add say: 10%, 20% etc to a particular token. An integrated chat widget or likewise mechanism would allow us to set up easy communication and cooperation in planning reward voting boosts like this.
Tiny/USDC is one. A solid pairing would help with slippage in the dex, and the pairing is weirdly under-utilized. I hold nearly 10% atm with a very small capital investment driven by diverting rewards earned towards it. But I am only one person. So if some larger Govs threw 5% or medium-sized govs also threw 5% towards it and we ended up at say a 15% added APR than we would have otherwise gotten through just people adding to it as a favorite pool – and you all each still get the majority of your voting power to put towards other things. 5% isn’t a lot for any individual gov to push towards any particular pool, but if a few dozen govs each combined end up with 3 million tiny power towards a pool asset that’s quite a different story.
gobtc/USDC is also a strangely small pool relative to it being a pretty safe bet as far as IL goes.
I’m personally a big advocate for drawing attention to fasset pairings given the double-duty it does in Algorand’s ecosystem. fgobtc, fgoeth, falgo, fusdc are all tragically underutilized, but with some moderate farm rewards behind them could encourage more users to check them out – Even just deciding say 4% of your voting power towards one of these pools from Tiny Govs with over 1M voting power would do a lot.
5% of voting power from govs with voting weight of 100k-300k of is around 90 Govs and a pretty sizable chunk imo, there’s a lot of power to create a big boost to value-driven pools and deepen our role and importance in Algorand’s ecosystem.
Can we seek to create a community of Govs that are dedicated to long-term planning from different groups, (discord might be the easiest or a section of forums with a chat function like it built in for members to talk, could a discord widget be added to forums, or something like it?).
Already I know there are similar ideas floating among a few people on the forums: (at least two times locking tokens for LP in exchange for voting has come up for example, and I wonder if all posters involved know of each other at all) and I wonder if a more chat-based smaller community groups could function better than just forum communication. Working out ideas and then presenting them to the broader community.
