Can you read? It says trade in your wMEMO.
1 Like
This cannot and will not happen.
9 Likes
THAT PROPOSAL IS FUCKED UP , WHALES WILL BUY BACK NOW AND THE SMALL FROGS REMAIN WITH THE PP IN THEIR buttholeā¦
31 Likes
Best way to end this journey.
Hope Team will start a new one. You can count on me.
4 Likes
Seems to be the most clean way to end things out.
Iām just worried about the frogs liquidated below Dani and Sifu, will they get paid?
Many didnāt have time to pay their loans since all went down in minutes and lost a lot.
And explanation on this regard would be appreciated.
12 Likes
its been a fun journey - looking forward to the variety of assets I will receive 
2 Likes
The Sifu vote required us to hold $TIME. All my $TIME is staked and wrapped in $wMEMO.
Please make sure that $wMEMO holders can vote!
4 Likes
continue with project with new doxxed management.
14 Likes
I am with you Dani! hold on
7 Likes
CASHING OUT IS THE RUG with plausible deniability. Dani and Sifu and Team get to walk away with HUGE portions of the treasury because of how much wMEMO they have, and they get to do it guilt free because we voted for it. As much as Iād like to take my pittance and run, I should fight to save it.
79 Likes
Hereās my deal: Big wallets coordinated liquidity hunts. Backing mechanisms totally failed, were abandoned as per communication while frogs on Abra slowly got in the broiler, liquidated or had to salvage what minimum they had left at huge losses.
In the proposal as it is (by all means the treasury should be unwound, a fresh start is needed), especially those cascading the price and acquiring at the bottom will be rewarded in an excellent arbitrage deal. The frogs of frognation, those who were forced to salvage their savings while they were the most ardent supporters that allowed WL to build its treasury, will get Fād.
My proposition, as has been done by many, is to use the BSGG airdrop Snapshot as a fair estimation of what frogs contributed.
tldr: 1;1 swaps with treasury will double reward the big pockets and leave out the frogs.
48 Likes
Can we get a dollar value before we have to vote?
Can we provide suggestions? Any preference to those that held longest? Any benefit if we want to stay with you and the team?
15 Likes
I will be voting to continue the project. The upside is a return to pre-fud and pre sifu doxxing levels. We have a treasury that if used to farm and revenue share will make much more for us long term then the buyout. Its a win win for me regardless im a long holder and i bought early, but i prefer more gain later from the project moving forward.
31 Likes
So if you hold MEMO right now and this passes, what happens to that? Is it gone? Does it keep rebasing?
2 Likes
You canāt make it after vote. Anyone buying now or during this mess at low prices gets more then the holders who lost. The snap used needs to be the snap for the Sifu vote. That will show who was truly supporting.
19 Likes
No.
Iām not paying for your greed.
You got rekt because of your own decisions, be accountable for them.
8 Likes
Why the fuck would you tell us when the snapshot is and why would you make it in the future??? WHAT??? The whales are literally just going to buy every last wMEMO right now and literally make this decision on their own!
32 Likes
What happens to treasury-owned wMemo? Will the treasury be entitled to itās share of assets? Assuming no, how much wMemo is expected to be exchanged for treasury assets?
What about illiquid treasury assets (like the leveraged USDT), how will that be handled. Give us the details before asking us to vote, please!
6 Likes
man I got liquidated and it was my fault. I wasnāt even in leverage
The same way it is your fault if you got liquidated and thats a fact.
2 Likes
I didnāt ask to be reimbursed when I was liquidated at $27k, and I didnāt expect to be. But both Sifu and Dani promised to do so regardless, and that promse shouldāt just be forgotten because events have moved so quickly.
What I did ask for was a detailed post mortem on what steps Sifu et al. took to prevent a such a sudden and precipitious drop, why they directly communicated confidence that those leveraged at my level were safe, what they did when they realized the plan failed, and why they think it failed.
Going forward, I think these questions need to be answered even though the event is behind us. Itās hard to have confidence in a team that clearly misjudged the situation so severely and has communicated very little in particular about the event.
8 Likes