Pilot Deployment of Idle TINY into Folks Finance

[NerdyForDesign]

Hi. If you are coming here for discussion on the current vote on Tinyman, might I suggest you browse over this topic:

Temporary airdrop2 wallet allocation

This would have a few benefits for tinygovs: Earning additional yeild for the platform. Encouraging borrowing on Folks Finance (and later Dorkfi). Deepening Tinyman’s impact and strengthening our connections within Algroand’s Defi This is a low-risk / high-reward potential for Tinyman, depositing Tiny into Folks Finance immediately earns us yeild, and we as govs have control over said funds. Currently Folks has $19.7k worth of Tiny deposited, earning a return of 16.40% In the best-c…

This was the original proposal we discussed on discord before modification into the one being voted on and I offered a slight summery for the proposal.

Also find us on the discord here:

https://discord.gg/sFDYV3Yej We’ve been discussing this vote for sometime in the discord. Be apart of the process.