You can Vote with wMEMO
You leverage and there is always a chance to get liquidated. Doesn’t matter when or how you put your money at risk by leveraging.
This proposal is rigged. One wallet should equal one vote. No input from community was allowed. Only benefits whales. Annul the proposal.
If you go to the “Wind down Wonderland, and give the treasury back to its holders?” snapshot vote page you’ll see this wallet/person is listed as the author and ‘core’ team member.
How? I only see balance for TIME there.
Given the current situation, we should ask ourselves if we want to continue the project if Dani or the team of Abra and Popsicle is here to help us. I’m not sure if Dani wants to continue since he is stepping down from sushi too. Maybe he is not feeling so well to deal with this right now, even if we’re going to. Has anyone had the opportunity to write him to see if he wants to stay? The mirror article and the proposal are contradictory. It was not a “frog nation” plan. Popsicle and Abra’s team could give us more time for the proposal and not rush it. Many people were liquidated two days ago, and they didn’t buy back yet, so they can’t vote on the proposal. Sadly, the top 10 wallets participating are wallets that bought time yesterday, except for Sifu, who is the only full wallet voting to continue.
This doesn’t have to be a choice between one or the other.
The claim at the backing price can be implemented and those who want out can go as they please.
Those who remain can rebuild from there with what is left of the treasury.
I don’t see why it has to be one or the other, it is stupid.
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I have concerns about the notion of a buyback, specifically in regards to people who may are incentivized to take the buyback when they bought their wMemo/Time well below the treasury backing. The long term holders get murdered for cents on the dollar and someone who’s bought in since there were murmurs of buybacks will make the quick flip for a profit. There must be some equitable way to pull it off.
I still believe the Wonderland project can succeed with some new members on the management team, but it’s not going to be an easy road forward.
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If the vote pulls as close to 50/50 as it has been we may see an option like this arise. We’re fighting a bigger battle against people looking to flip their recent investments below the backing price.
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Yes, everyone is focused on who got liquidated, but ignoring those of us who were forced to deleverage at a loss in order to prevent further loss. I lost an additional 50% by doing this after already losing 75% due to wMEMO losing value since December.
Solution? Compensate wallets based on their wMEMO balance right before OxSifu was doxxed. This will be a fairer compensation for long-term holders (loyal frogs) and will prevent arbitrage opportunists who are currently buying wMEMO to get a piece of the treasury distribution.
It’s fine and good to want to help those who got liquidated, but the holders are all set to get left out in the cold after huge losses.
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What about people who sold after he was doxxed? They get their selling price and a buy out?
Where do we vote? I am a little confused here. I do not want to see Wonderland ‘windown’. We have a great opportunity here. Let’s not blow it because of paper hands, please. I am a hodler and dissolving the treasury on a down market goes against my investment values.
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I, too, do not want a “windown.” But, if it comes to that, I’m worried about what I could anticipate? Is the backup price applied just to your wMEMO or also to the rebases you’ve collected over time?
same applies to investing in 80000% APY Ponzi. You should know the risk too
Where can i find some guide how to sell my WMemo for the backing price?
And do I correctly understand that backing price the same as at the website dashboard?
Unless your a whale your not getting anything back by voting to close wonderland the whales will make 40% to 50% profit while you will take a 90% loss congratulations put a quarter in your ass because you played yourself
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I think the community who wants to shut down this protocol has probably already recovered their invested money when the price was at the peak. But, shutting down Wonderland where people trusted this dream protocol so much that they have invested a lot might have to face a big loss. Just because of one criminal involved.
I vote to replace the CFO. Probably CFO of any
other successful protocol can step in and take care of the Treasury.
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terrible decisions were never made, sifu did so well people voted to keep him in charge
theres no one managing the treasury because idiots wrecked the train before thinking
the whales stepped in because they smell death
the community is at odds because there really was no community
and leveraged idiots are getting rewarding because squeeky wheel gets the oil
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if the proposal is completed and the votes are to wind down the treasury, should I sell my Wmemo after the snapshot?