I’m not understanding how TINY Farming distribution is calculated. I know that the monthly rewards (2,700,000 TINY tokens) are distributed to the various Liquidity Pools proportional to votes; but for Cycle 3 why is the USDC / ALGO pool receiving ~20K tokens, while the TINY / ALGO pool is only receiving ~16K tokens even though the TINY / ALGO pool got more votes? Furthermore, the TINY / ALGO pool got 15.57% of the votes, but how does 15.57% of 2,700,000 equal only ~16K tokens?
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I would also like to know how the process of distributing Tiny Tokens as rewards for each pool is calculated.
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Ok, I see that the ~16K tokens is per day, while the 2,700,000 is allocated for the month, so that part makes sense. But I still don’t understand why the USDC / ALGO pool got more tokens for Cycle 3, even though the TINY / ALGO pool got more votes.
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Hi @acme , as per our documentation 20% of the rewards are pre-allocated to 3 pools:
ALGO-USDC
TINY-ALGO
TINY-USDC
The rest 80% will be allocated to pools based on community vote.
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@EricTinyman Is the 20% that is pre-allocated evenly distributed among the 3 pools? If so, how is it that the ALGO-USDC pool received more tokens even though the TINY-ALGO pool got more votes?
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@acme The 20% are distributed proportionally to the TVL of the specific pools.
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I’m not sure how many people are actually paying a dollar per week for The subscription to everything Algorand foundation on the medium app but that is one of the best places you can go when it comes to questions like the one you posed concerning the amount of governance votes determine certain Tiny rewards based on specific base pairs that packed and AF are incentivizing that people participate in… I do believe I read an article a few minutes ago that had everything to do with the top three base pairs like tiny algo algo USDC receiving special rewards because the album foundation is attempting to incentivize those pairs in order to fulfill what is to become in my opinion the replacement to ethereum. Gats fees on ethereum have made it unusable and unaffordable when doing transactions. The retail customer is at a major disadvantage when it comes to gas fees on ETH, So definitely check out medium because their articles kick ass and it has all of the current major news updates that you’re looking for ACME. I’m sure this information can also be found in the forums such as discord or telegram etc etcetera.
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