If you own wMemo on Pendle and OT and YT memos, how will this be handled in the event Treasury is redistributed back to wMemo holders? Thanks
here! here!! Brother!! HERE! HERE! (salute)
Well if you want to play this game I was promised there would be revenue sharing that I would have used to lower my liq price. Where in white paper bro did it say they would refuse to deliver airdrops. Where in the white paper did it say theyād force everyone into WMEMO randomly and without a vote. Get outta here, sifu
Am I the only one who didnāt leverage and stake their wMemo? I just want my unrwapped memo back at 3k minimum
geezā¦smh. bruhā¦really? smh
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I got in fineā¦what are you talking about?
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Probably wonāt be a random Lawyer off reddit that gets them but itās possible an individual āfrogā might employ a lawyer and maybe get a patreon going idk.
It would be SO STUPID for us to wind the project down. If we did that then the project would have been nothing but a rug pull because frogs would be out -90% of their initial investment! it would be SUCH a huge waste to close down the project now, we need an opportunity to rebuild and makeup our losses. Itās worth a shot
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guys is the site down because its a rugpull? do we need to all bail with our money now? Can they bolt to another country with the treasury? We have zero clue who the āTeamā even isā¦
If the snapshot is taken this way, whales will dump what they buy in the dip, thus decreasing the treasury value. You wonāt even get what you have now.
so get out now? what are you doing?
The only way it would be āfairā to the frogs is if we were paid out our wMEMO at the all time high backing priceā¦ otherwise everyone would be losing 90% of their initial investmentā¦ if weāre going to abruptly end the project then Daniele needs to back the treasury with his own funds to the point that everyone would get their INITIAL investment backā¦
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I mean yeah everyone will still be down 90% This is exactly like popsicle, except worse when you think about it. If Dani wants to work in crypto again this has to happen otherwise no one will touch his projects with a barge pole.
Iād settle for a 70% of ATH to account for the bearish crypto market
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so are you selling what little you have left?
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Essentially this action will realize every remaining loyal investorsā losses, except for whales to swoop in at low price and boost their votes to liquidate the treasury. Investors will likely get back something much lower than current backing price. Even having Bastion to manage the treasury is a way better option than winding down.
The wonderland website is down. Is this a rugpull and is there even going to be a vote? Is this all phoney?
Wonderland needs to wind down slowly. The treasury still needs to be used to make profit. People donāt all need to be paid back at the same time. Earlier investors get paid back first. Most people would be able to wait months to be paid back. I would certainly.
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Possibly. I wonder if SIfu told Danny to get fat so when he disappears he can just get thin to disguise his appearence. No need for plastic surgery. Not even joking at this point.
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Why are people buying $wMEMO now on a failed projectā¦
because you can buy at $20K and then vote to dissolve @Wonderland_fi and get the backing price $40K.
Total bullshit and slap in the face to all early investors the held until the house of cards collapsed. The snapshot must be taken on the timestamp when Dani went public about this fiasco, probably sooner
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This proposal is seriously so fucked up. āStrongly recommendingā that we close the project when everyone is down -90% of their initial investment?! Thatās the definition of a rug pull.
Also how the hell are us random ass non-DeFi employed people supposed to find someone to replace Sifu on our own? Isnāt that Daniās job? My mind is blown.
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