I strongly believe that we shouldn’t wind down Wonderland, but instead continue what we were doing in being the biggest DAO in the world. Not to long ago we had over a billion dollar treasury, and that was only in 4 months of operation. We were on the verge of doing great things, but the fud and drama has made us overreact, and now all of sudden we want to wind down the whole thing. But if we calm our emotions and really think about it, nothing has really changed. All we really need to do is fix the divisiveness in the community and find a trusted replacement to run our treasury.
So what I propose is that we first give the option for those who want out to be reimbursed their fair share from treasury in proportion to the wMemo they hold. All wMemo that they send back will then be burned . So what this does is significantly lower the supply of wMemo, but also flushes out the non believers from the true believers. Vastly improving our community moral and eliminating the divisiveness in the community.
Secondly we can decide whether we want to go back to the ohm model that helped us grow our treasury, or stick to the SPAC model. Since we will be reimbursing the ones who want out, our treasury will definitely be a lot lower. So I am personally in favor of going back to the ohm model that helped build our treasury to over 1 billon in 4 months, jus until we can refund our treasury, and then after rebuilding the treasury we can continue on to the SPAC model. In addition, since we will be burning all the wMemo that gets reimbursed, this should help with dilution that comes from minting new wMemo. But then again this transition back to ohm model will only be temporary until we can grow our treasury back.
Lastly, we should hold an election for who will be the next treasury manager. All willing candidates would send their proposals to why they should be elected treasury manager, and then the voting will commence on snapshot for the candidates who sent proposals. With a newly elected treasury manager and Dani still at the helm, this should bring back faith and stability in the management of our treasury aswell as in the overall direction of the DAO itself. (In the scenario that there is no candidate that the DAO sees fit to run the treasury. I propose that Dani becomes interim treasury manager until we elect a new one)
Hopefully we don’t wind down Wonderland, because I feel like it would be a premature ending to something that has so much potential. This is my proposal to revive it and keep it going in the direction it was heading before all the fud and drama set it back. But I am fully confident that this proposal will be the making of the biggest comeback in crypto history.