Looking forward, we must develop a transitionary blueprint for wonderland. With the current rebase vote underway, it has been proven that the dao is ultimately split down the middle. In order to appease all involved I suggest we clearly define our intentions as to creating new structure for the foundation being built upon.
The rebase system is not causing the protocol burden. The clarity of it’s purpose is what hurts Wonderland. The nature of the environment needs to be addressed in order to prevent further division or miscommunication.
First, Time is illiquid across most exchanges. This has nothing to do with deprecation or encouraging such. Because of it’s illiquid market and duel token dynamics $Time remains a valuable aspect of the protocols functionality and will remain as such. Once rebases stop, the index will serve a different purpose. It will stop increasing on a regular basis and serve as a novel way to measure growth.
The protocol remains in tact even after considering past declarations of deprecation. There is no reason to encourage it’s abandonment. Especially considering it’s abandonment would imply some other preferable nest to flock to. So then where is the line drawn with this transition? We can only plan ahead so far without meaningful tokenenomics.
As I wish to be involved in the future success of Wonderland, I need to know what the mutual understanding of the situation is. And by no means should the success of the future token be promoted by encouraging the destruction of another. This is a miscalculation, both can co-exist.
I am happy to adjust myself according to the broader mind of the dao’s wishes. But it is hard to try to develop and design token frameworks without some underlying premise.
In my opinion the rebase system can easily be expanded upon, and because of that fact alone we should expand upon it. After all we are all participating in an experimental, revolutionary, unregulated financial sector built upon it’s own intricately layered design… it would be a shame to allow risk, ignorance, or fear to prevent our otherwise exploratory nature.
I also believe rev share can be expanded upon, not exclusive to any other variable. A rev share design can easily be funded and built in it’s own right.
I also believe and am most passionate about the idea that both a rebase system and a rev share system can work interdependently with one another in order to bring the most benefit to both holders and Wonderland.
Either way, the vote is 50/50 right now for this reason I believe.