Temporary airdrop2 wallet allocation

Background:
We have 9M TINY sitting idle in airdrop2.tinyman.algo account. Those are meant for another airdrop, but I think we all can agree that we don’t want to see another airdrop. So while we discuss how to distribute those funds or what to do with them, can we deposit them 50/50 into Folks Finance and DorkFi. This will generate us some yield while it supports Algorand ecosystem liquidity. Also deeper liquidity on lending platforms offer arbitrage and yield strategies which increases TINY token usage. After all, this is not away from later usage. it is just temporary park until we agree what to do with those funds.

Proposal:
Deposit 4.5M TINY into Folks Finance and 4.5M TINY into DorkFi from airdrop2.tinyman.algo account.

Temp check:

  • Yes
  • No
0 voters
1 Like

Rather it go to Govs or the NFT holders, no reason to park it somewhere just to take it out. just my take on that.

2 Likes

Hey ROAM. Thank you for this idea. While I agree partly on this, we could enhance this further by starting a “governor controlled fund” where the aim is to have a stable source of income for the protocol aside from fees generated.

1 Like

The idea is to not have it contribute to yet more sell pressure, and the issue imo with it going to governance is tinypower is HEAVILY concentrated. The top 10 govs would receive 41.77% of the allocation – and I’m one of those 10 govs, I’d receive a small chunk of that myself.

Do we actually need or want to purposely drive up more concentration via an airdrop or adding onto the rewards pool at this time?

We also don’t have to just take it out. The rewards have been sitting idle for quite some time now, and assumingly would continue to sit for the foreseeable future. We might not decide on somthing for 6 months. Or a year. Who knows.

The idea is just to make it more productive for the token, the platform, and the community rather than just letting it continue to sit collecting dust in a wallet.

I’d personally just like to see it contribute more to ecosystem support encouraging lending and borrowing in partner platforms, but any of you who’ve seem me around knows by now that’s kinda a big thing for me anyway. :sweat_smile:

Another thing to consider is we could draw down the amount as interest grows, and push the earned tiny into supportive pairings like tiny/usdc. (Ok this might be because I’m just a big advocate of increasing liquidity here as well :grin:). We can sort out the pros and cons of that in later vote discussions.

Also @dreamfire we can always do that as well. But given the lift it takes to move an idea from inception to actual implementation, this is kinda a low-hanging fruit option. Easy to implement, doesn’t have any burden placed on the platform or team, doesn’t contribute to more tokens flooding to users in the terms of rewards, etc.

Meanwhile it (hopefully) will lead to more people borrowing Tiny by injecting liquidity into markets, offers a small yeild rather than the 0% earned in the airdrop wallet, and in the case of Folks at least earns Tiny a share of future Folks airdrop.

(Those could in turn go into folks/tiny or folks/usdc pairings on the platform later and farmed as govs vote on rewards distribution, the farmed tiny could then be used as additional yeild, burned, deposited in LPs like tiny/usdc, whatever), we’ll get to that should it come to it, first we’d need this vote to pass here, as well as on chain – both pretty high bars to reach.

The best thing imo is start doing simple, easy, and useful things then amend as needed going forward.

2 Likes

Yea we could and we should have an alternative income source for the protocol aside from the fees. Maybe lending stables in folks will do.

2 Likes

Hi,

Unfortunately reality might be, it will take several months before we can agree on anything. and this kind of proves my point. we can’t even agree on simplest proposals that are meant to be super simple and temporary before we can agree on more complicated ones.

2 Likes

This is not in conflict with possible “governor controlled fund”. if we want to establish such a fund, these assets can be moved into it. Either thru rekeying or simple pull funds out, move to another account and deposit again.

Regards,
ROAM

2 Likes

Idk for the most part we haven’t had a lot of big pushes for votes until recently, and the two we have that gained pretty decent traction: an investment fund for future endevors – while a very slow process to whip votes-- that was more to inactiveness here than a lack of interest in the proposal itself from the looks of the vote outcome.

Likewise the idea to include LP voting rights (somthing that struggled 2-3 times in various proposals previously died before getting enough support) was moving along at a much quicker pace initially. And for the most part that proposal was just modifying and combining several others into one package that seemed easy enough to agree on to reach a majority yes for.

Had that pressed on and we whipped up at least 50 votes I think that would have come to a majority yes. (Although who’s to say about the on-chain vote, but the proposal was palpable and an easy enough starter that I think it would have reached the requirements for passing via a on-chain vote as well).

Agreement isn’t as much as an issue as getting sustained momentum to whip up the necessary eyes on the proposal to get the bare minimum of votes necessary to pass in the first place. That’s the rub.

@Bigred the idea being to, untill we decide to do x,y,z with said funds, let’s at the very least agree to have them contributing to things (somthing that I hope would at the very least be a pretty non-issue for most Tinygovs) in the meantime and earning for us, and hopefully encouraging more borrowing of Tiny.

For others that might not be on our discord I’ma add in my reply to @dreamfire about potentially burning them:

I do think burning them would be a temporary pump, almost certainly countered by VC unlocks. Pera shows some 7.7M tiny being burned right now, and tinyman docs show Investors held some 30.65% of the initial allocation at the start, and while they’ve dumped, we still have a significant amount left to go. 0.77% of the supply burned currently, and many more left to be unlocked.

I mean even if we burned it all it would only double the total burned amount since the burnings started… and compared to continued unlocks putting more in circulation…

For another comparison, if we burned all 7.7M right now, in less than two months that much would be released into circulation via gov rewards.

It’s a lot, but compared to the supply unlocks it’s just drops of rain into the ocean.

1 Like

Of note if you’d like to retweet my post about this vote:

And as an example for what I said before @Bigred


We could have that tiny earning a phenomenal return right now rather than the 0% it earns in the wallet. Demand for Tiny is HIGH on Folks atm.

1 Like

If it were to go to folks to be lent would it be officially be governor controlled wallet? Who decides to withdraw it?

Presumably the tiny team directed via votes the same as we are deciding right now.

The account has set dormant for some time now, assumingly because the idea for another airdrop was shelved by the team.

We’re just saying, hey lets be more productive with this and put it to work in the ecosystem.

For my part, I’d prefer just letting it sit, and occasionally moving some algo and USDC into the Folks isolated market over time as well as flipping earned tiny into algo and USDC as well.

Growing FolksFinace isolated lending markets imo is a very low risk - high reward for us.

2 Likes

Lets do this. And where does the interest from lending go?

1 Like

Just accumulate for now. Although I think eventually we probably would want to flip some for algo or usdc deposits in Folks isolated markets, again to encorage more borrowing and lending since these assets only interact with each other.

Part of it will be determined by what other users do. Best case imo, people borrow more tiny, interest rises, we collect the interest, and the cycle repeats for a while while we grow liquidity in Folks isolated market.

Meanwhile the platform continues to collect interest from Folks and Dorkfi.

Dorkfi DOES have a deposit limit, but they know of this proposal and seem to think lifting the cap for tiny is a win-win for everyone.

Again this is a very low-hanging fruit vote. Little risk imo and definitely a lot of plus for tinyman.

I’d say maybe every quarter or twice a year we might bring up a vote to shuffle some earnings around to grow liquidity as needed.

2 Likes

If this goes thru, maybe we can ask Tinyman to establish new Governor controlled fund, like @dreamfire proposed. It would be easiest and the clearest option to manage these funds. Also own dedicated wallet would be the most transparent option.

Maybe we can do quarterly Governance voting how to use earned interest and options can be like:

  1. Do nothing and just accumulate
  2. Swap TINY → ALGO and deposit ALGO into FF isolated market and DorkFi (in proportion to the platform’s earnings)
  3. Swap TINY → USDC and deposit USDC into FF isolated market and DorkFi (in proportion to the platform’s earnings)
  4. Burn
    (These are just examples)

This is just an idea, but this kind of setup gives some value for TINY token and Tinyman Governors and whole governance system itself, when there are things to vote about. Now Governance is mostly dead, so this gives it at least a little bit of value.

Regards,
ROAM

2 Likes

Screenshot 2026-06-15 at 10-41-52 Deposit Folks Finance

Deposits went up, demand followed. Guys we could be earning a hefty chunk of Tiny putting this to use in defi.

If demand stays high long-term we could not only flesh out lending markets on Dorkfi and Folks, but overtime start assigning earned tiny to LP’s starving for liquidity in our dex like tiny/gobtc, tiny/talgo, and tiny/usdc.

And that’s not counting the farming rewards on those LPs, currently:
32.98% for tiny/usdc, 33.22% for tiny/gobtc, and 8.13% for tiny/talgo.

1 Like

@ROAM Thank you for the proposal and for taking the time to contribute ideas that can help strengthen both Tinyman and the broader Algorand ecosystem.

We really like the concept of allocating a small portion of the TINY treasury to the isolated TINY lending market on Folks Finance. In addition to supporting ecosystem liquidity, this approach could help increase available lending capacity while allowing the treasury to generate additional yield.

We’re currently evaluating the details and potential implementation. If everything looks good, we’ll be sharing a formal proposal with more information shortly.

We appreciate the thoughtful suggestion and the continued engagement from our community.

2 Likes

@EricTinyman Would we be considering future airdrops of Folks from points accrued from deposits as treasury assets? To either borrow against if need be/ hold andor sell for funds/enhance liquidity in the tiny/folks LP, etc.

Thank you for your reply.

Question:
Any reason why you drop DorkFi completely out? Can we allocate at least some into DorkFi? like 6M into FOLKS and 3M into DorkFi? or do you have some legit reasons, like security concerns, to ignore Dork and only cherry pick Folks Finance? if we provide some liquidity into both platforms, it allows some trading strategies and helps the whole Algorand ecosystem. but ofc it is great if we can even add liquidity into FF, it is better than current idle funds.

Regards,
ROAM

1 Like

@ROAM Good points, but in part it may just be a practical way to ensure it passes a full governance vote. The simpler the proposal the simpler the vote choice. Eventually we can always mix up allocations as interest builds.

Modifying a passed proposal imo is far less of a lift than getting a proposal passed in the first place imo.

Interest can be used to do things like:

  • Build up Dorkfi deposits
  • build up USDC/Algo deposits in Folks
  • build up protocol-owned liquidity in tiny-paired LPs like tiny/usdc to help stem the fall of the price of tiny, etc.

All could be done without diverting anything from fee-income.

Occasional votes to reallocate interest earned would at least give govs something to do as well. Maybe quarterly, @EricTinyman in line with that months farm’s vote allocation to help remind people to also vote for the farms :sweat_smile:

2 Likes

Hi @ROAM When launching this initiative, we’d rather keep it as a simple as possible and limit the allocation to Folks. However, if it proves to be successful, we would be happy to expand it to DorkFi as well.

1 Like