I think it would be better to have daily payouts for governance rewards than the current weekly payout.
Wouldn’t this increase selling pressure for Tiny – something we should strive to avoid?
If you want daily payouts in Tiny, there’s plenty of LPs to choose from: pairing Folks and Tiny LST is something all my Tiny power has gone towards lately in trying to boost the payout to attract more holders into the pool – doing my small part to drive up the scarcity of Algo via soaking up LSTs, while rewarding users with increased tiny.
That way you get the benefit of using your Algo to secure the network, the steps towards scarcity by locking up algos, staking rewards from both Folks and Tinyman + tiny rewards, and both platforms get increased revenue due to the small (and reasonable) cut of Algo rewards.
3 Likes
@dreamfire Thanks for your feedback! While daily payouts could offer some benefits, there are no plans at the moment to change the current weekly reward distribution. We’ve found the weekly cycle strikes a good balance between efficiency and user experience. But we always appreciate ideas. Keep them coming!
2 Likes