RFC: Updating Tinlake Rewards Allocation 2023-03

Hi all! Jumping in here as this thread has grown a lot. Initially I was all for continuing rewards but lowering the rate for TIN drasticly and keeping DROP rewards the same. But now after reading through and going through platform growrth, I agree with @ctcunning, we should consider removing rewards or pausing them until the next bull run.

Looking at the overall data I dont see much growth from the rewards as @ctcunning pointed out. If you look at TVL as main indicator of growth it may appear to be explosive but this is just the BT4 pool (100M as of today), which is private and not brining in new investors.

The BT4 pool launched December 15th 2022, at that time protocol TVL was around 80M. Today total TVL sits around 170M :tada:. As great as that is (>2x growth in 3 months, not bad :smirk:) it doesn’t highlight was is really going on. If you remove BT4 TVL from the equation as its a private pool, the overall TVL would be 69M which means other pools have decreased approx 11M which is an indicator to me that there is shrinking and a low influx of new investors and that current rewards are not enticing enough…

Additionally, given the amount of redemptions pending on various pools, these funds dont earn CFG, meaning its not even enticing enough to cause investors to wait to initiate redemption requests until liquidity becomes available.

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