I’d rather get kicked in the balls 50% vs 100%
1 Like
Correct. Because many of the tokens are Wonderland tokens, be it TIME, MEMO or wMEMO.
I disagree, whales will continue to short and eat away the treasury. If we can stop buybacks let some of the current revenue continue perhaps we can pay everyone at least 50% of their investment so they can move on with their life.
Revenu share from what if you pay everyone back from treasury?
Take the rage quit option then
@OEB buybacks should prevent the whales from making any money shorting. The whole point of the buybacks is to enforce a minimum floor. Whales can’t make money if they sell at the floor (the bottom). The whole principal of buybacks is that they maintain a bottom. That’s why, until just now, everyone looked to the backing price as a ‘minimum value’. What you’re advocating for is that the Treasury dissolve, so it has no way of generating further revenues. It currently has revenue streams. Why cut those off? All you’re saying ‘hey, I want out at the bare minimum price.’ Why take the bare minimum, why not let the project do what it was intended, generate some revenues, and then sell out?
Now, one question I’d love answered is: why isn’t the Treasury maintaining the floor? If the Treasury started buybacks, and maintained the floor, price wouldn’t sink lower. If anything, the Treasury is not doing enough buybacks rn. That’s the real issue, in my opinion.
1 Like
Disolving will get us barely any money back…Support my proposal and we have a better shot of survival.
We can achieve this with my proposal. Please read and help me get support: A relaunch project that pays daily yields in BTC! Let me show you how - Please read!
Holders do not earn extra profits as the leveraged. Its not fair for holders to share the losses of the leveraged who earn more from leveraging. They should eat their losses like the profits they would have made. No compensation should be made for the liquidated.
It’s unlikely to happen but I fully support this position to dissolve.
thats not how math works lol
funny but when you look at all the big bags (more than 50 wmemo in wallet) basically all of them are buying hard right now. the ones selling are the small bag emotional idiots. the whales are gobbling it up like candy and are happy about free money lol
1 Like
@Blablub Again, this is because the Treasury is not doing enough buybacks, so whales/others are stepping in and doing the Treasury’s work in its place. Just as whales/others are able to profit from the arbitrage, the Treasury can as well. It’s math. We should all be able to agree it’d be better for the Treasury to be doing the arbitrage and profiting, rather than others. If the Treasury maintained the floor, others wouldn’t have the opportunity to exploit the mismatch. The problem is that the Treasury is not doing enough buybacks.
1 Like
or people could just stop dumping like retards then the whales have nothing to buy.
Dissolving at current backing price would be a mistake. Unless we are reimbursed at a much higher backing price we are better off staying in and letting dani make our money back
3 Likes
You’ll kick yourself in the balls when this thing starts making a massive profit because Sifu is now out
2 Likes
Please share a link supporting the treasury backing and distribution $ should wonderland disband
I’m not ok locking in my losses. The Treasury is still there. New Management will make this thing a success. I’m bullish and we should not vote to fail. Anybody can lock in the losses by selling right now. I’m hodling.
1 Like
The fact is sifu was charged once 15 years ago any other speculation or correlation is inmaterial. If there is evidence that fraud was committed that can be used in court than there’s grounds for accusations/prosecution/dissolution. Speculative accusations based on subjective opinion and irrational thinking used to ease fear is reckless. However subjective perception is, it is reasonable that sifu be removed. Then a new doxxed cfo is hired and the project proceeds.
1 Like
If these are the only 2 options then i’m afraid neither is good. IMHO Wonderland should continue, without Sifu (mainly because of the recent propaganda, not that Sifu did us any wrong), and no merger.
Buybacks need to stop, and profit share to kick in, and short holding taxed… that’s what makes sense to long term investors
Resolving the project or merging (acquisition really) means that we all accept a defeated price at current treasury backing… as this would be profitable to those who bought under current backing price, most of frogs bought at higher prices. The only way to recover the losses is to continue investing the treasury and share profits with wMemo holders
Run the numbers idiots!! Paying out the full treasury will only yield $37360 per wMEMO or ~ $600 per TIME. If you are happy with this then vote for dissolution. You won’t get all your money back this way unless you have real low entry price.
Many alternatives exist, see tweet and video by Defi Magick for example:
A simple solution would be to stop all buybacks, let price do what it will, this stops people draining the treasury. Farm the treasury, pay everybody out in one year with a larger treasury. Give Dani your faith back and he’ll get the job done.
100%. Liquidate the entire treasury, stop the buybacks, and buy all the TIME and wMEMO back from anyone that wants to sell at the highest price the treasury can afford (Not Dev team)
After that, dissolve the project and let Dani start again elsewhere.
Thanks.
2 Likes