Correct! I did vote on an account by accident! And again if you actually bothered to be apart of the governance process rather than hide behind a fake account on the forums you’d know that slugger!
Ah yes I’m the rugger! I farmed the algo/botsy for short while with a handful of Algo because I was tempted by the APR as the quickest way I could compound my tiny into the tiny/usdc LP, but I have little tolerance for rug-pulls or non-utility tokens in general. If it’s not a LST, or governance token, I don’t really bother. As for rugging it… I mean sure if you consider holding like less than 1% of a LP rugging I guess.
However my voting record kinda speaks for itself:
So I ask you again, who are you and why should anyone take you seriously?
Back to what I said before:
But on the actual topic, I’ll repeat what I said before:
Let the governance rewards fall. They’ve proven to be an ineffective way to secure price action (token price is still what, 95% down from ATHs?) and have absolutely starved our tiny-paired LPs for liquidity.
As has come up before, we will probably divert some of the fees generated to governance rewards after the initial allocation is up, however at our current trade volume, those fees would be almost insignificant to fuel rewards.
The main thing we HAVE to do in the meantime is:
Stabilize Tiny price action – something we can only really do by increasing the depth of Tiny-LPs, and waiting out VC unlocks – and the initial exit of some of our govs after the first governance vault unlocks start.
Stabilizing Tiny price action is the only thing that matters. And we can only do that by increasing important tiny/paired LP’s like tiny/usdc, tiny/talgo.
Get a few 10’s of thousands of dollars in tiny in Tiny/USDC and a tiny/gobtc and our token will be far better off. Grow it to $100,000 on the USDC and we’ll outpace our parent token Algo.
But that’s only going to happen as a group tiny-gov effort. The market will not put liquidity in tiny/usdc.