Reducing the Number of Pools Eligible for TINY Farming Rewards

I do not at all support that. It will reduce the need to hold Tiny, since incentivizing your favorite pools is the main incentive for many holders, including myself. It would make voting essentially useless with the result a foregone conclusion. The $TINY token would drop in value since there would be no more need to lock tokens for 4 years to get your smaller pool over the finish line. The liquidity for memecoins and new projects would dry up, hurting innovation in the ecosystem and the ecosystem as a whole. Tinyman would lose market share to Pact, as long as it would be possible to incentivize small project pools there…the liquidity would migrate there out of necessity.
In summary I see this as a disastrous proposal for
the $Tiny token, but more importantly, for the ecosystem as a whole, which would get more sclerotic and concentrated in large tokens only.

5 Likes