It's hard to evaluate whether doing a centralized TGE in the current liquidity environment is a good thing, but I think it's better to do it than not do it at all. At least if the token price performs poorly, we can find the project team to scold (calling out a certain ecosystem here, several leading projects have been working on points for almost half a year and still haven't done the TGE, save the kids at YT 😭)
Here's a different approach that is neither about digging points nor taking over TGE: create a second pool to earn subsidies.
@NEARProtocol Foundation is launching tokens with its ecosystem partners this time, along with the previously mentioned $NEAR inflation reduction proposal and liquidity incentives for these partners. There are a bunch of altcoins to mine, and the second pool should be able to be mined comfortably for a while. With the foundation providing market-making resources, as long as the price can be stabilized, the profit-loss ratio for LPs shouldn't be too bad.
I counted a total of 11 projects that are going to launch tokens, and the biggest beneficiary is definitely @rhea_finance, as both transaction fees and TVL will surely rise rapidly. This project's TGE is also coming soon, and there's a high probability it will do liquidity subsidies with the foundation, bringing back memories of 2021 😅
Additionally, among the several projects listed in the original text, these few are quite interesting, and I might prioritize selecting these for LP:
@vibesdotfun - Alternative InfoFi, focusing on long/short sentiment and heat
@OpenForest_ - Carbon credit RWA
@PublicAI_ - Data training, also a recent hot project promoted by the NEAR Foundation.
Token Season is NEAR
In the coming months 12 top-tier projects will be launching or listing a token in the NEAR Ecosystem!

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