STABILITY STRATEGY with AIRDROPS

1. General Discussion
#117

I watched the whole ‘airdrops to incentivize holding’ play out in real time during the decline of Jade Protocol. It was non-stop confusion and distraction that ultimately resulted in unnecessary FUD and most likely increased sell pressure.

In the end, the airdrops did nothing to stop the whales gaming the rebases, They were just a symptom of the larger mismanagement of the project.

The best path forward for Wonderland:

  1. Focus on the investments planned for Q1.
  2. Keep the lines of communication open with the community. Be clear, be consistent.
  3. Build momentum with small, consistent wins.

People will hold because they believe the project is well-managed, and that it will be more valuable in the future.

Execute on the strategy, and the project will grow.

6 Likes
#118

If we do have airdrops it’s preferable that it comes through a partnership or investments to maintain sustainability.

1 Like
#119

100%. No need for special loyalty rewards. Stability comes with time as the market and project matures. The whole market is down. Silly to demand stability on a 4mo old start up in a super volatile sector of crypto which is very volatile in itself.

1 Like
#120

Definitely a good proposal. A kick start! Keeping holders loyal throughout incentives are the key…

1 Like
#121

I agree rewarding long term holders and lp providers would suit the project well

#122

Clearly the holders have been the losers in this latest Time dip, anyone who enters now is going to be in a better position than almost all of us who have entered despite accumulating rebasing for months, recognizing the value of the holders, the #FrogNation, I think should be a priority, and there is no better way than airdrops or free NFT.

2 Likes
#123

I think it’s a great idea, but it shouldn’t matter if you hold wMEMO, stake TIME or deposited it as collateral on Abracadabra Money

#124

Yes, we have put incentives for loyal holders that keep their money staked for to support stability.

Also I believe that we need to introduce a mechanism to avoid advantages of dump & pump deals because it ruins the value of wMemo.

As leaders already know most important is to allocate part of treasury into projects that are useful & profitable. Then transfer a part of the profit to long term holders of wMemo.

Via DAO we need to allocate most of bright minds across all wMemo holders to find concrete answers & solutions for the above.

We need sustainability for our inverments & change the world via DAO for better life of involved members (not only).

#125

Daniele is announcing that he is buying back wMEMO to burn it, my proposal is that he doesn’t burn it and instead share it among $wMemo holders, a massive airdrop would be a unique action that would attract the attention of the whole market, and would make the #FrogNation happy.

2 Likes
#126

You don’t want stability you want growth. The conversation should be around how to incentivize new money coming into Wonderland. The Airdrops would have to be very valuable and expensive to keep people around. One bad Airdrop and bye bye. If people want to decide to lock up an investment “vesting” then reward that it would be better than having some rule that applies to investors holdings built into the code.

#127

it’s a good idea but I think it should be developed better and take the best of all the comments to structure something concrete

#128

So what exactly is happening with the airdrops. I see a message just posted in Telegram and discord. I assume its only holders that get it but then they say the snapshot is taken from Jan 10th before the massive drop. Is this a sly way of " Repay all liquidations under backing price!" when it was voted no on?

Do we know what the breakdown is?

#129

Dude, the rebases are meaningless. Every time someone writes that we’re making money back on rebases I wanna take a gun to my head. All the “rebases” are doing ks breaking up the exact same wmemo you are holding until the memo/time is worth a tiny fraction of the same exact stock (wmemo) youre holding. The formula is (current time/memo price)x(4.5)x(index). You do that fornula day after day, week after week your result will equal wmemo price. Forget about the time/memo price and focus on wmemo. I absolutely disagree with you that we’re being rewarded enough. The ones who are being rewarded and not the holders but the people who are daytrading and sidestepping. Once you understand that, we can discuss what measures are needed to prevent gaming this system.

#130

Let the whales swing trade, the treasury is making a killing off it. Somebody do the math but Id wager the liquidity pool profits are more than enough to pay for the trickled buybacks

#131

I agree, and also have a minimum staking time like 5 months so that once the sale of the first 5 months has passed, you will have new users registered afterwards and every month only some will be able to liquidate …

#132

If you do decide are drops, you need to be careful of big companies or Vulture capitalists coming in and buying lots of WMEMO to just get airdrops for a year to then dump everything causing another liquidation spiral. This needs to be thought out thoroughly with safeguards for example: A limit on how much can be sold daily of your total portfolio. But even that could annoy people as you don’t have full access to your funds :frowning:

#133

I usually prefer to read through whole thread but I wanted to post from a loyal view of life first. That is simple is good. The APY is fantastic. When we understand this we benefit from the long term. For myself the culture of over regulation does not resonate. This maybe premature ideology nevertheless I wish we could work/walk towards as frog nation. Discover.

#134

I hold the above view based that Wonderland Memo/Time will increase in value over time. That the current $ does not translate to fair value. That Dani & Sifu work will turn the price back along with the marketplace change. That we are in early days. (In at high.)

#135

Less is more. Stay focused on vision mission. Make current better stronger. Steady and gradual. Focused not reactive.

#136

Maybe you should read the whole thread. It would give you a better understanding of how the APY and memo accumulation isn’t doing anything for you. We need revenue share and that’s the only thing that will increase the wmemo price(which is what you should be focused on, not memo/time).