Proposal - Bastion Trading / TheSkyhopper to manage or advise on Wonderland Treasury

1. General Discussion
#202

Masahide Hoshi is an investment strategist at Phalanx Capital Management Located in Hong Kong, he provides trade ideas and assists with the construction, sizing and scope of the firm’s portfolio.

Background

Hoshi began his career at UBS in Tokyo as a Japanese convertible bond and equity derivatives trader. While at UBS, he was also involved with the firms U.S. listed options in the consumer/retail sector and was in charge of trading the bank’s Latin America equity derivatives portfolio. Hoshi went to work for Atma Capital in Singapore where he managed the firm’s Japanese convertible bond and equity derivatives portfolio.

Prior to joining Phalanx, Hoshi worked at J.P. Morgan Chase where he was in charge of equity derivatives trading for Central and Southeast Asia.

Education

Hoshi graduated from Yale University with a Bachelors of Arts in Economics.

2 Likes
#203

Love this we need professionals and someone who is respected, skilled and willing to be doxed

1 Like
#204

thank you for posting his background. I listened to the podcast and I liked it. Of course, we would need AMA live before we can proceed.

#205

Totally agree!!
In the crypto world I see the third point you make more and more underestimated.
Votes and choices of 24-36 hours max it’s not how the world works. I want to know people, who are you? how much did u made in x time? why? how? when? We can’t just choose fast, this needs time!

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#206

The buy backs need to stop for sure.

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#207

Although I value your expertise, I think they are better ways for you to be involved in Wonderland and based on fairness and equal chances. I detailed it in my proposal below. Your feedback will be valuable

1 Like
#208

I do also think your team needs to cover down on all time zones.

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#209

Repay everyone liquidated unfairly below Daniele or below 25k - 20k before talking about new proposals

#210

LFG. Onward with Wonderland!

#211

SiamKidd for treasurer with these guys as advisors!

#212

I do not agree with this proposal. Just give us the original investment that is it. I do not trust Dani anymore.

1 Like
#213

U don’t go to a job interview to discuss ur expected sallary (first impression is bad already). Even u havent done a proper proposal yet…we need MORE qualified candidates, with real experience, doxxed profiles and a solid plan for handling treasury. We need the guy who exposed Sifu to investigate them too. Guys, It’s our money, we can’t settle for less!!

3 Likes
#214

  1. Dani showed negligence in appointing sifu when he knew his history. Everyone agrees on this. Dani’s judgment is in question as far as I’m concerned. He should not have a leadership role moving forward. This is not a game, real money is involved and so was our trust.

  2. I agree in bringing a doxxed pro team to manage the treasury.

  3. A mechanism must be engineered to defend our DAO against whale abuses.

  4. Bailing out people that were liquidated is unacceptable. They took the risk, they must take the consequences. If they are bailed out then where do you draw the line for this? It’s a slippery slope. What about the stakers that lost value? Will they be bailed out?

1 Like
#215

I feel more confident today than I did last night. I think a fully docs, professionally managed investment DAO is the right direction to bring back trust. Ultimately a stronger frog nation.

#216

Just adding another person who has control of the funds is not the answer. This needs to be done more formally and management of the treasury needs to be put behind a governor contract. Purchases and actions need to be put to a vote

#217

As everyone else is already saying, this is exactly what we need at this time. I trust daniele, so I believe he’ll make the right decision. Also might I add, I bought 1 $TIME at $6,000 and am currently sitting in around $800. So there really isn’t much for me to lose lol.

#218

a month ago everyone was screaming “In Sifu we trust” and then voted for Sifu to have expanded duties of the treasury. Since that moment, the project has collapsed. Partially due to a harsh bear market, and then also due to massive team mistakes. This could have been avoided if before Sifu was promoted was doxxed then to help the community make a full decision. The results are clear, if he was doxxed then, he would have been outted and kicked because no one wants a felon managing their assets.

That said, shutting down this project and giving treasury back to holders will do very little good. $1BN is a lot of money, but not when you divide it up across 1 million people. it averages out to $1,000 average and to those like me who have thousands and thousands invested, not very appealing to be honest.

I have also not spoken up, I have watched. Dani has made some really wonderful innovations in this space of Defi, and he has also made some critical mistakes that I believe he will learn from. I also believe a lot of those in Defi will learn from this as a whole for the future. Governance is indeed happening, and keep in mind, this project is largely an experiment that has proved successful until just recently. Will it hit the level it hit previously? It can, and it also could far exceed that.

The first dip was due to market, and that, Wonderland as a whole is too “liquid” there are no penalties for unstaking your money early - and thus, creates a poor experience for the average emotional investor. The second massive dip here is due to project mistakes that now have unfortunately stacked on top of a poor market environment and ahs created a snowball of negativity.

To masa and the Bastion Trading Team, do I believe that your org can help Wonderland 100x? no. Can you get it back to and exceed from where it was and keep it steady? Yes! I do believe that is possible.

We have little to lose at this point after losing so much. I think a solid and quick decision is must or this project will die.

2 Likes
#219

I don’t think we should jump the gun on the first option we have. We need to see some concrete background checks, police checks, references, previous work experience, formal proposals, etc.

Maybe we need a board of directors to advise on such big decisions like this. All I see on their linkedin is that they’re based out of honk Hong. Also the fact that they know Dani kind of makes this a conflict of interest doesn’t it?

#220

No thank you.

Please check out my proposal

1 Like
#221

TheSkyHopper,

What’re your returns in your Venture Fund since it opened?