- We should benefit from the selling transactions!
- Don’t think it would work, I’ll let you know why in the discussion.
I have a suggestion that could be beneficial for the treasury and for the holders.
Daniele and Sifu are working hard and they have a great vision about how to grow this project.
Therefore I hesitated for a long time to write this proposal.
The strength of our community is clearly known.
It was also clear to me before I had invested in the project that Wonderland is a long-term project.
Can we say that the majority has joined this project because of:
- WAGMI possibility / HIGH APY etc.
- Defi 2.0 / Passive income while compounding.
- Daniele and Sifu / FROG NATION.
But is this the same for the ‘‘big fish’’?
What about those jumping in and out around every rebases? 3x per day!
Let me be clear, I am not saying that they caused the current prices by going in and out. I want to make another statement.
Why are there other people able to profit the project 3 times a day? While frogs encourage each other to HODL in the discord chats!
While some are increasing their capital in very short timeframes, maybe a few days… The frogs try to calculate their breakeven point (IF price go sideways).
it may be true that rebasetrading is not profitable for everyone, but does this mean that we/ the project should not be profiting of this event that happens 3x per day.
I think we should not be missing out on this.
I suggest that we will start contributing FROGs.
We ALL should make it… WAGMI right?
FROGs are Fractional Rewards Of Gains/ gainings.
The FROGs consists of an X % of the selling transaction that’s been made. (for this example lets say its 1%, it could be lower or higher.)
When are FROGs getting paid?
Everytime when someone leaves the wonderland project (when selling Time/ wMemo) you will be paying FROGs.
And the FROG NATION will be very grateful.
Where does the FROGs go? (the 1%)
You’re paying FROGs right… so its contributed to the frogs.
0.5% treasury (indirect to the holders trough APY)
0.5% to all wMemo holders. (directly to the holders)
Or it could also be that the complete 1% goes to the treasury. Whats good for the project.
It is just an example.
This ensures that the project and treasury also benefit from its own economy/ market. This also ensures that holders will profit of those who are only profiting in very short tiemframes and from the rebasetraders.
If WE’RE ALL GONNA MAKE IT, then we need to make it together. It must be granted on both sides.
I know that BIG money is important for any project.
But could we realy scare of the big money when we implement something like this? that little percentage of the profits that are been made?
Lets take a average trading volume of 50 million USD per 24H (for wonderland).
lets say 50% of this volume counts as selling transactions.
If we take 1% of this 25M, the treasury/ holders will be benefiting of 250.000 USD per 24H.
This could be giving to the holders directly, or indirectly through the APY.
And I think the majority agrees on that Wonderland is a project that needs more stability than traders.
I think it is reasonable to have a small threshold when trading a coin which is the fundamental of a ‘‘long term project’’.
(LEFT )Selling USD : (RIGHT)FROGs you pay in USD:
At the end is not a dealbreaking amount that you are distrubiting.
IF one bought 1M worth of TIME for a price of 2300 USD per Time.
That person owns 434,78 TIME token.
With an average APY of 69000% / 0.6% per rebase, this person owns now 492,87 TIME after 1 week.
Lets say this person wants to sell it already after 1 week… (nothing long term about this but okay)
And in the meanwhile the price has dropped to 2200 USD per time.
The total value would be 1084314 USD. (total profit of 84314 USD).
1% of 1084314 would be 10843.14 that would go to the treasury.
Net profits after 1 week = 73470,86 USD.
Im holding now for almost 2 months and could not even take some little profits around the holidays because I was not at that point where I was breakeven. but Im okay with that.
Lets go back to the 73470,86 USD net profits after 1 week. That amount of profits should not scare off any frog, especially knowing if I’m distrubiting to the FROG NATION. Or am I that poor that Im not able to understand it?
The thing is…
As long as you HOLD you will receive FROGs, when you made profits and that time will come that its your turn to take profits, you will be the one who pay the FROGs. Why bother with a contribution you pay from your profits that been made thanks to this project?
The treasury/ holders should benefit from this.
There could be things I may not see or understand about what Dani and Sifu are building, that my proposal wouldn’t actually make little or no difference. Therefore I would greatly appreciate substantive reactions as to why this proposal will not do the project any good.
Thank you for reading.
And I really wish the best for this project.
A whale is not a frog. A frog is a frog.