Yes quadratic vote is better for this kind of decision…
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and what if you bought it?
Lets not jump into the decision phase yet…who need to be in the driver seat and CEO…CFO…etc…etc…
Right now we need to vote down the WIND UP proposal…Freeze the treasury…nothing goes out…no buybacks…no new investments…just for a month…calmness and clear heads will prevail as well all will take the best way out…this stampede is not a time to take this decision…
VOTE NO…mobile NO’s…shoot this proposal down
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Hey Patze…what has changed in last 1 month…Just the SIFUGATE…if that get replaced, rest all things remain same…So if I was bullish last month, i am still bullish now…all the talk about loss of trust and blah blah…are BS…corporates will have some episodes of scandal…that does not mean that shut down the company and refund all stakeholders with the money in bank
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Which of the team members are enforcing the wind down??
Real impartiality in here you damm cucks
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dissolving the treasury is the worst possible scenario. very hard to consider the snapshot moment and each single case of the hodler / dip buyer/… The only chance to see some profit is to use the treasure as intended… Seems like 30% of the investors would like to go on… thats still some good economic power. Would be nice to give the option to exit for the ones that dont believe this anymoreand let the others in.
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Quadratic voting can also be manipulated. Whales can create tons of addresses. I think the solution is to take snapshot of addresses before the turmoil.
To me it’s like kind of revolution to fight for the true value and kick the whale out.
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Creating new wallets would not influence this since the snapshot was taken 17 h ago.
Hi Evies, you are right on most point but I disagree re running the project. The treasury can be restructured and reap good returns via nodes, yield farms and VC. Dani, has done a great job so far but letting one mistake (Sifu) drive his emotions to the point of wanting out, a big mistake. Most successful businesses can manage their emotions in a mature way. We are all on a journey.
When look at the treasury, I can’t see anything too complex and as far as I can make out the next part of the treasury journey is validating nodes, get involved in the infrastructure. Atlas Cloud, Comb Financial are making good headway here. Wonderland gives the opportunity for those who want to be part of this but don’t have the time for it. What Wonderland was designed for in the first instance.
However, if we just take our losses then what a waste.
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there is no such thing as unfair liquidation.
if you take leverage, the risk you take is liquidation. stocks and closed end funds can also trade below NAV, this is nothing new.
It is very painful i know, but it is true. problem is that it was communicated wrong and that was a big mistake, but feeding greedy investors.
TIME to go whaling. Vote no.
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Why would you want to liquidate now and disperse the treasury during a bear run? This voting bull shit is ridiculous. Grab your project by the balls and pull it out Of the shitter. No actual crime has taken place. A felon was employed, now he’s removed. Get a damn replacement and pull this project forward. It’s a set back but not a throw in the towel situation. Fix the liquidation event if you want, but at the same time, they shouldn’t have over leveraged
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Just wondering because I have no idea, I tried this project after so many videos I saw on youtube and reading a lot of information… I invested 1000 AUD which is around 800 USD… so far my wMEMO value is around 275 USD… IF we get a refund, will it be the amount I invested or with the current value?
I tried to sell when I saw my wMEMO losing value and there was no liquidity in sushi
Thanks, I appreciate the information
If you haven’t voted here is the link.
#SafeWonderland
In the Same boat, i doubt we can get the initial investment back, however I strongly believe that the project should go on without sifu handling the treasury and should instead be handled by a protocol as it should be with buy backs and whale prevention modules in place
I believe it is in the best interest of all Wonderland investors to vote NO on this proposal for several reasons. The vote is live for less than 48 hours.
I see a lot of people confused about “getting my full money back”. The answer is NO, this will NOT do that for you. The ONLY way to get your initial investment back is vote NO for this and let the treasury be managed to create revenue like it was meant to!!!
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The “backing price” is not a true number of payout you would receive in this instance. The backing price includes the LP’s for TIME and wMEMO. You have to exclude the TIME/wMEMO values from the treasury. This results in a MUCH lower value for payout. Why would they not already give the information in the proposal of price/MEMO to refund? Because they know its a shit number and less people would vote for it.
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You have people within the community that want to work to make this treasury valuable. Don’t vote to cashout when the MARKET itself and all of the assets within the treasury are at ALL TIME LOWS. They structured this dump force you into selling.
3) This proposal does not mention resolution anything about the existing commitments/investments the project has made in BSGG, Across the Ages, or the AVAX Liquidstaking platform.
- If you look at sifu.eth’s address the guy BOUGHT wMEMO at the lows after his news came out! A lot of it! You really want to pay him out again?? Also, his wallet needs to be EXCLUDED from the snapshot.
5) There hasn’t been a third party audit of the treasury- voting for a quick exit because you’re sad about losses doesn’t help you or I regain any of those losses or even fully understand what they are, and possibly bones us even harder. The treasury went from almost 1 Billion to ~700 Million in a matter of days. All of that loss can’t be due to the drop in wMEMO price if our treasury is doing all of these awesome revenue-generating things right? But we don’t know because we don’t have an audit!
- This proposal gives a snapshot date of NOW. Why now instead of before the cascades or even the Sifu doxxing (revealing of identity)? I don’t like this parameter at all. Whales can buy up wmemo on the market and then get a free profit.
These are the bare-minimum reasons why I believe EVERY person should vote NO
The absolute first next step forward (and the only one that should have been taken in lieu of the damn buybacks) is to pull the wMEMO LPs from Sushiswap. This is what makes OHM and it’s forks unique, we OWN our own liquidity, we can effectively vote to stop trading by just pulling it. That should be the absolute next step forward, during any of this. Allowing the LP to still speculatively trade while this announcement was publicly made was still complete negligence.
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Anybody tell me if I’m wrong please. Somebody didn’t believe Wonderland treasury multi-sig team and Daniele, and sold all of their share (And also gave money because they sold every $wMEMO they had).
And today, you want shares from treasury?? How tf you think you are right?? You think Sifu is a scammer already, but what is this? You are biggest scammer because you want free money on treasure.
Btw, you give your shares to whales = you give a profit to whales
On the other hand, Treasury dissolving in bear market is really bad decission. Vote no for long-term holders.
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one fraud shoudn’t bring down (frog) Nation
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Same. I’m full suit now. At least they rug us over generations so we have a chance to enjoy some money at least.
VOTE NO, lets wait and see how the investments pan out
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