Algomint Q4 TDR (2024) GP13

Algomint
Aug 16, 2024

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A key shift is the move away from goUSD. Even though an improvement in the trading being conducted and strengthening of the peg, with native USDT being phased out from the ecosystem there isn’t enough variety of assets to warrant receiving dedicated rewards. Instead this proposal will focus on goBTC and goETH.

Total rewards: 206,491 ALGO.
Allocations — more than 65% of the rewards have been allocated to fALGO pairings with goBTC and goETH across Tinyman & Pact.
Pact
fgoBTC / fALGO = 45,491 ALGO
fgoETH / fALGO = 45,000 ALGO
goBTC / wBTC = 27,500 ALGO
goETH / wETH = 27,500 ALGO

AlgoRai
goBTC = 8,000 ALGO
goETH = 8,000 ALGO

Tinyman
fgoBTC / fALGO = 22,500 ALGO
fgoETH / fALGO = 22,500 ALGO

Feedback welcomed.

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Algomint
Algomint

Written by Algomint

Algomint empowers the next generation of DeFi by bridging popular assets like BTC, ETH, USD and a range of other key tokens to Algorand.

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