LPs on tinyman should be eligible to vote and partake in tinyman governance

Governance Proposals
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Right now only ppl who buy tiny tokens and lock them up have the power to participate in tinyman governance.

Liqudity providers (LPs) on tinyman on the other hand have zero power to partake in tinyman governance.

Isn’t this somewhat lopsided and makes zero sense? Given that without LPs - Tinyman defi platform would not even work let alone exist.

So the true power are with the LPs. LPs should
be able to partake in governance even without purchasing any tiny token.

Keep the current method of locking tiny to partake in governance as it is but just also add to make it applicable for LPs to participate in tinyman governance automatically too.

Just like how you lock tiny tokens, we can lock LPs and get some other tokens as proof that we have locked the LPs? Something along these lines could work?

The REAL GOVERNERS should be the ppl who ACTUALLY support the tinyman platform (ie LPs).

Can this be worked out some how so LPs can participate in tinyman governance?

To add further, no monetary rewards are even required (some would be nice but not required) for LPs to participate in tinyman governance because having skin in the game is enough to prove that you would want the best outcome for the tinyman and would like it to grow and blossom to its fullest.

@EricTinyman @fergal @blue

3 Likes
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Hi @mangosteen Thanks for sharing this thoughtful suggestion!

I fully agree. Liquidity providers are the backbone of any DEX, and their contribution is vital to the functioning and success of Tinyman. The idea of allowing LPs to participate in governance by locking LP tokens (similarly to how TINY is locked) is an interesting one, and it aligns with our broader goal of creating an inclusive and meaningful governance system.

While there are currently no mechanisms in place to enable this, your suggestion opens up a valuable conversation about evolving our governance model. Introducing governance rights for LPs - potentially via locked LP tokens or a new representation mechanism - would require careful design to balance voting power, prevent abuse, and ensure meaningful participation.

We’ll be exploring governance improvements further, and this is definitely an idea worth discussing more with the community. Please keep the ideas coming! This is how we grow together.

1 Like
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Fully support this as long as you’re locking your Tiny paired LP in a similar fashion as the existing governance lock and no additional rewards are afforded. Great idea!