GameMasterToken.algo

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[GameMasterToken.algo @GameMasterToken]

Good times are ahead.

[GameMasterToken.algo @GameMasterToken]

@Tifemax Gm

[Robinhood @RobinhoodApp]

$ALGO is now available to trade on Robinhood Crypto, including NY.

[LiquiHog @LiquiHog]

Quarter of the way to hitting 5 digit volume. Not A jaw dropping amount of liquidity yet, but steadily growing. So shout out to @GameMasterToken for their token donation, as well as @Bazooka_Labs for taking the first step creating a $500 pool. At $12.5k TVL, we are a quarter of the way to 5 digit volume currently $2.5k Volume.

I have been wondering, is the 0.0001% fee tier cheating? Or is it a subtle way to produce more tps on chain directly supporting the node runners, as well as when the route aggregators start routing through the pools will it be a way to make routing cheaper and more efficient for traders?

Wonder how long it's going to take other trading and arb bots to start building these pools into their routing paths as well.

As a side note, tier p is mintable only by protocol as well as 10% of all protocol fees per swap get added to every pools 0.0001% tier automatically. As a bonus, the remaining protocols share of 55% goes to the tier with the lowest liquidity, remaining 35% goes to the second tier with the lowest liquidity.

Our pools naturally promote volume, strengthen weaker tiers in a pool, and help node runners and traders alike. So check them out, add a little liquidity to dip your toes in. Try a price limit order and check out if they actually work and refund the excess (They do) but as a precaution, don't blindly do a large swap on a pool without using price limit swap or checking the pools TVL. But some pools do actually beat route aggregators on small swaps. Hard to compare apples to oranges comparing a single smaller STAMM pools vs a route aggregator. But does make you wonder if our pools were bigger, how much more efficient route aggregators would be, how much more volume would be on chain, and how tps on @Algorand would jump. Just some food for thought

#Algorand #AlgoFam #DeFi

[GameMasterToken.algo @GameMasterToken]

@PeraAlgoWallet Yes.

[GameMasterToken.algo @GameMasterToken]

@Tifemax Gm

[GameMasterToken.algo @GameMasterToken]

@CometaHub Soft staking.

[GameMasterToken.algo @GameMasterToken]

@algerstmehn @sol_nxxn @AlgoFoundation @AlgoFamily @Mr_Algosla @AlgorandReport Stop trying to be like other chains. Leave the fees alone.

[GameMasterToken.algo @GameMasterToken]

@Coop_Daniels Be in the world but not of the world.

[GameMasterToken.algo @GameMasterToken]

@iGetAlgo This is the first full trench run for a lot of chains. Let's see what happens.

[GameMasterToken.algo @GameMasterToken]

@KngAlgo I'm too small to fail. If everyone leaves, I'll just become CEO of Algorand and do something cool.

[GameMasterToken.algo @GameMasterToken]

@hthieblot This might actually solve one of my problems.

[GameMasterToken.algo @GameMasterToken]

@SonofManwithus Don't forget the millions that were coerced and the thousands that were forced.

[GameMasterToken.algo @GameMasterToken]

@DeFi1042351 @iGetAlgo Something I learned over the years. Taking profit and saving it for a strategic buyback has always been more beneficial to my holders than holding LP through a pump & dump.

[GameMasterToken.algo @GameMasterToken]

@AlgoFoundation Be careful not to focus on symptoms rather than problems. It doesn't matter what fee or reward size you pick if it's devalued over time. I'd pick 0.05A with a lean operating footprint if that meant value can build. Security will be fine. Nodes are easier to set up nowadays.

[GameMasterToken.algo @GameMasterToken]

@cryptomalgo I'd be fine with 0.01%. Defi could do crazier things for cheaper. Large movements would still fund the network. The rate is still competitive enough to be relevant.

0-1 -> 0.0001 (new minimum)
10 -> 0.001
100 -> 0.01
1K -> 0.1
10K -> 1
100K -> 10
1M -> 100
10M -> 1K
100M -> 10K

[GameMasterToken.algo @GameMasterToken]

@Algo_Flummox @algerstmehn @tokenterminal @AlgoFoundation @AlgoFamily @Mr_Algosla @AlgorandReport If fees are cheap, projects can accept more risk and cover the cost themselves. Those functions can then run in the background, making it possible to give the user a seamless experience. Players wouldn't have to sign every action. Which of these two futures do you prefer?

[GameMasterToken.algo @GameMasterToken]

@Algo_Flummox @algerstmehn @tokenterminal @AlgoFoundation @AlgoFamily @Mr_Algosla @AlgorandReport Most examples are L2 but EVM has bad fees to begin with. At $2+, a 0.01a fee starts to become unsustainable for fee sensitive projects. Investors may stay but project types become limited. Imagine a game where players have to pay 2-20 cents per action. Would you still play it?

[GameMasterToken.algo @GameMasterToken]

@mcmaximz @7starstarot @ALGO_BRO @EldarDRM @eviszen I'm still here. I don't have much choice as only Algorand can handle what I am about to do. I have a strong collab with Skynet. The text-based RPG is now playable although still very basic. Everything will change directions once I get this next proof of concept working.