Hi Eric and the Tinyman team,
Thank you for opening up this important discussion and taking a community-driven approach. I believe that a well-defined eligibility framework will help maintain the integrity of TINY farming while encouraging sustainable growth. Here are my thoughts:
- Balanced Incentives and Safety Measures: I agree with excluding pools with low liquidity or clawback functionality, as they present risks to participants. However, we could consider an adaptive threshold for liquidity levels, which can evolve over time to accommodate emerging projects that need initial support.
- TVL & Volume Requirements: Establishing minimum Total Value Locked (TVL) or trading volume could ensure that rewards are directed toward pools that actively contribute to Tinyman’s ecosystem. A weighted reward system based on liquidity and volume could also be explored to ensure fair distribution.
- Governance Voting Integration: I recommend tying eligibility criteria to active participation in governance. For example, governance participants could propose which pools should be eligible, or eligibility could be linked to voting metrics. This would foster a deeper connection between governance and farming activities, in line with ideas discussed in the commoditized governance votes proposal.
- Tokenized Farming Rights: Following the logic of $voTINY (or $veTINY) from previous discussions, farming rights could be tokenized, allowing participants to trade or rent them. This could enhance liquidity and engagement across multiple pools while giving the community more flexibility in deciding where to allocate rewards dynamically.
- Sustainability Focus: As we set eligibility standards, we should ensure they align with long-term goals like ecosystem sustainability. Rewarding pools that demonstrate consistent growth and community activity could prevent rewards from becoming concentrated in a few pools, promoting a more diverse and robust ecosystem.
- Implementation Proposal: Once we gather feedback, it might be beneficial to introduce test pools under the proposed criteria before finalizing the framework. This would allow the community to experiment, provide feedback, and ensure alignment before the on-chain proposal goes live.
I appreciate the openness to ideas and community involvement in shaping the future of Tinyman. These steps will not only ensure fairness but also create an ecosystem where governance, liquidity, and farming rewards are fully aligned.