Would add Sifu, Dani and Team should not profit from unwinding. 5% should be returned.
3 Likes
Owners as of BSGG snapshot or before Sifu Announcement.
4 Likes
TIME to hit and move on, we can do better things with the recovered funds
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The first question is do we really want to wind down Wonderland? The second / sub question is , if Wonderland is wound down then what are the chances of the liquidated funds been made good? There are a lot of rumours kicking around, and not very positive ones. Other questions include what has happened to BSGG and other investments? If we wind down we will never know?
What does the vote mean, my understanding is we have the option of the community taking over the project or it gets wound down and treasury is allocated as proposed.
Why I would like to the community to take over the project is as follows:
- All existing investments are made good or alternative action is taken, there has been no mention of Airdrops etc.
- The community has enough brain power to run this and make it a success
- âTreasury will be paid back at backing price, and wMEMO held in the treasury is not a part of the distribution.â Not sure what this means but the backing price keeps coming down while the treasury stays the same. Is there a risk of being short changed? Just a concern.
- Iâve suggested a community call for tomorrow 12.00 Eastern 17.00 UTC. Anyone interested?
Thanks
Charlie
3 Likes
Yep im in that tooâŚthis proposal seems like someone that trying to get out easy without seeing how really difficult and what huge losses those who have held in this project have taken. âIF you vote against,âŚwelp we will just hand it over to the communityââŚwhat kind of talk is that? smh. Continue the project making it a VC and use the treasury appropriately⌠how hard is that?..oohhh and that dont mean giving us away to AbraâŚmy bad âmergerââŚanother escape routeâŚsmh. Gee that proposal looks so gloomy its ridiculous.
5 Likes
I also lost some on sudden liquidation before Sifuâs secret came out⌠they need to separate who got liquidated on Jan 25th night, and then who got liquidated after Sifuâs dirty background came out. No matter what happens we need to support one to another
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You better make a better proposal, and do it quick, before legal action is taken against you.
âWinding down will mean giving every wMEMO holder back the funds from the treasury that they are entitled to and declare the OHM Fork experiment closed. We strongly believe that this would be the cleanest way of moving forward.â
every wMEMO holder? Dani & co? Sifu & co? All the insiders sitting in & co?
So you are essentially asking us to legalize your rugpull so you can get your money out risk free? Are you fucking stupid or you think we are complete âmorensâ?
Would you maybe like to rename the proposal to âWe want us to rug you with your consent you fucking morens lelâ?
WTF is this shit?
Maybe while youâre at it, rename the collective as Fraud Nation, its more fitting.
4 Likes
100% agree with you. We need clarity on a lot of those detail that are not being discussed. The team is not saying anything and they just spit out proposals that only leads in the directions they want.
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I agree. If we take take their deal we are rugged and the whales win. This is our treasury they messed up - letâs take it back and make the most of it. No leveraging, no wild schemes - a mixed portfolio with stables and risk. It will take a while but if we lock in to different rates for revenue shares, then you can take your shares out as you please or let them roll over. The frogs will gain the most this way.
4 Likes
Let me just say that this is all over the news already. So really consider how you do this Daniele⌠Those thinking this is an easy fix are delusional in my book. âJuSt RePlAcE ThE TrEaSuReR.â You really think anyone is ever going to be comfortable investing into this project. Let alone whales that you need for the project to survive? Trust is already lost. Sifu the big news. No Airdrop, No revenue share. Rebases being worthless. What else are yâall waiting for? Another liquidation cascade so Dani and the new funds manager can cashout more? The only reason this is even remotely positive is because of the shitty repayment plan. Whales are buying in to steal market share then will dump on you all bringing the price to near 0 and removing all liquidity so small frogs get rekd.
I think using a snapshot during the airdrop, that includes anyone who bought after that. Regardless of liquidations, selling etc need to be refunded. (Those who sold in proportion to their initial investment.) As this is the only logical and fair course of action. That will save Danis reputation and other projects. Along with slowing the lawsuits that are already being filed which will make more problems down the line for Wonderland. Having whales buy up the market share is not only going to make current investors upset. But those who were long term believers and in way before the current holders. You made a mistake. Now own up to it or you will likely face much harsher consequenceâs in many ways⌠(This is not a threat and merely the truth and my thoughts my man)
3 Likes
We need to keep Wonderland alive, for all the reasons you say. I suggested a call on twitter tomorrow. 12.00 Eastern or 17.00 UTC. We really need to act fast. I get the impression theyâd like to close it down. We all loose if that happens.
Spread the work
Charlie T
4 Likes
Yeah, but look at the state of this forum, discord, twitter, etc⌠Itâs a complete shambles. Dani and team clearly donât want to carry on and how would we ever manage to align ourselves without a leader? Any leader actually capable of managing a project like this wouldnât touch it with a barge pole and is likely already leading their own team on another project. This situation will only be attractive to people who couldnât build a treasury to this size themselves and such, probably wouldnât be capable of managing it.
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spot on. Iâm down to consider the possibility of a class action lawsuit
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We will need a members only discord with skilled moderators and consequences to bad behavior. We have a lot of paid fudders, bots, and people without any skin in the game just bringing us down. Several voices have risen above the chaos - I have been writing their names down. I donât know the people in the opposite time zones but Iâm sure they have good people as well. We could vote in a team, that comes from all over if they agree.
And how much would that set you back? We invested in a ridiculously risky investment offering a completely unsustainable APY in the hope that we would get rich. Weâre in crypto because these opportunities exist and we know the risks weâre taking. Threatening legal action when it goes pear shaped, come on.
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I think Daniele is done building guys. If he wrote this then you can tell heâs tired of dealing with wonderland. Feel for the guy, whatever happens, happens from this point.
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Nobody even fucked up? Are you blind??? This whole thing was a complete disaster. From lying about the BSGG airdrop, to the sudden change to wMEMO rendering rebases worthless, to tricking everyone into thinking there was a hard backing when there wasnât, to removing the calculator and changing the entire dynamic of the protocol as it was initially presented, to hiding the fact that a known scam artist was managing the treasury⌠i can go on and on.
Yes the whole market is down right now. But when most coins are dropping 20-50% and now rebounding while users of Wonderland are down 70-90% even WITH rebases, that means they fucked up. BIG TIME.
You need to realize when youâre being lied to and stop believing in someone who conned you. Dani seems like a nice dude but at the end of the day he and his entire team are responsible for the mismanagement and deceit of Wonderland and that caused many thousands of people to collectively lose many millions of dollars.
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This reads like we are winding down the treasury no matter what. Who is going to be a clear cut person to take over? No one. Itâs over just let us know what we get out of it
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they already have profited man, long before this
This became a circus. Yesterday you said on twitter that you think the best is for project to continue, today u say the team thinks the cleanest way is to destroy treasury and share the fund to everyone.
I can already see price jumped 30% because whales are buying it so they can claim again all our assets. Even someone who is first time in project will get big share of 700M treasury, are u right in your heads? Seems like you are ignoring common sense and sanity because you are preparing another scam here. Yes, it wouldnt surprise me you are buying wmemo from your own pockets now and treasury will go to you mostly, meaning you are âthe whalesâ in this story among others whales ofc.
This is everything but clear, also refusing to say anything about if there will be snapshots included of preFUD, and not current amounts of holders. Why should someone who gets into wMemo now get share of my treasury that im holding since november??
This really really seems like people behind wonderland are preparing one big last thing to pump out entire treasury into their pockets. Ofc if thats correct, they will vote out however they want, because they have vote power to do anything⌠This is so hopeless, i will forever regret getting into this scheme. Hope some kind of justice will come to all of you who were behind this someday, after all you ruined so many people with your scam.
2 Likes