In the light of the events in the last few weeks and the last 24 hrs in partticular, I am more than inclined to reach out to all the frogs of this wonderland. Get a consensus on the way forward so that we can set some policies that are fair and square.
- Keep the ABRACADABRA merger on hold
- Keep the rebase model as it is…rebase at 50-70k APY + Minting when market price is above the backing price
- Either remove TIME liquidity pool or remove wMEMO liquidity pool…too many markets reduce depth of liquidity…put all LP into one market…I’d prefer TIME liquidity pool
- NO BUYBACKS…unless it goes below $1…buybacks are not effective in anyway…it’s just a sentimental value
- Dani or someone from the core team should communicate more…atleast 2-3 times a day till this FUD is over. Appoint a communication PoC.
- Clearly display treasury, it’s contents, investments made, RoI that is currently generated, etc, etc. Basically audit of treasury past action, and future roadmap
- Clear the air on the betswap.gg airdrop…commit a firm date…
- weekly progress report on the ongoing project investments, proposed investments…
- Introduce REVERSE MINTING - where the minter gets a propotional piece of treasury in exchange for TIME/wMEMO. This should beneit the minter and the treasury.
Request you to think and then act.