What if there was a way to reward the current Wmemo holders? What if there was a way to do this and attract new investors which would drive up the price of Wmemo and restore faith in the project?
Seeing as the current Wmemo price is below the backing value. What if instead of carrying out buy backs, the daily revenue profits generated from the protocol were shared amongst the current Wmemo holders? This would mean that the holders would gain a greater share of the profits than if the value of Wmemo was at or above the treasury backing price.
What would this do?
This would generate returns for the Wmemo holders and would attract further investment, encouraging others to get a share of the profits generated. Though this would reduce the share of the profits of the current holders, it would increase the value of the Wmemo token.
This sounds like a win win scenario.
With a new treasury team on board utilising the treasury at its best, with market conditions recovering and assett price increasing, everyone involved would be at a win with an increasing token value.
Let me know your thoughts?