Proposal: Stick the entire Treasury into Anchor Protocol or equivalent and pay out passive income each month at a ratio based on held WMEMO

1. General Discussion
#1

This is the best path forward. Why?

  • The treasury still exists and is there to be leveraged
  • It incentivises not only holding, but buying to increase passive income %
  • WMEMO is scarce and it will increase demand for it as a passive income generator
  • We earn a monthly amount we can either look to reinvest or put to work elsewhere

The treasury balance is roughly $708m - 20% on this is roughly $142m to be paid out yearly to WMEMO holders.

Later, when the market recovers, we can then vote on making other moves in a more professional manner with the right team in place.

The question we have to ask ourselves is, ‘when we collectively have over $700m in our treasury, why would we give up instead of making that money work for us?’

6 Likes
#2

This sounds interesting. I would be up for this.

1 Like
#3

I like this proposal.

1 Like
#4

Good proposal 2 . I agree with this one as long as we get a monthy revenue until we get our initial investment. After that other things can be done.

#5

I agree vote this up

#6

What’s the point? You can just liquidate the treasury and then everyone do what they want, you can put it in anchor

#7

This is wrong. This gives whales the power again. They will make most of the profits and smaller investors will feel the brunt. It should be a fair distribution. Whales are making profits from price action like they would other coins.

#8

good.
read my topic topic too. FROG NATION , LET`S GO!

#9

It’s free market, anyone can go out there and buy below treasury .
Right now someone is taking a risk buying below treasury and someone else prefers to get out.