This is the best path forward. Why?
The treasury still exists and is there to be leveraged
It incentivises not only holding, but buying to increase passive income %
WMEMO is scarce and it will increase demand for it as a passive income generator
We earn a monthly amount we can either look to reinvest or put to work elsewhere
The treasury balance is roughly $708m - 20% on this is roughly $142m to be paid out yearly to WMEMO holders.
Later, when the market recovers, we can then vote on making other moves in a more professional manner with the right team in place.
The question we have to ask ourselves is, ‘when we collectively have over $700m in our treasury, why would we give up instead of making that money work for us?’
This sounds interesting. I would be up for this.
Good proposal 2 . I agree with this one as long as we get a monthy revenue until we get our initial investment. After that other things can be done.
What’s the point? You can just liquidate the treasury and then everyone do what they want, you can put it in anchor
This is wrong. This gives whales the power again. They will make most of the profits and smaller investors will feel the brunt. It should be a fair distribution. Whales are making profits from price action like they would other coins.
read my topic topic too. FROG NATION , LET`S GO!
I would say that we are the one who is sinking the ship. (Whales started the process by massive sell out , and buying after price drops, then cascade liquidation. ) , but we are continuing the process now.
Do not forget that couple or few times 0xsifu and Daniele payed you out of their own pockets . 0xsifu and Daniele were leveraging wMEMO for you , so you could enjoy higher APY and price per token. ASK yourself , would you still be blaming 0xsifu ,if price would be in 8-12k range per $T…
It’s free market, anyone can go out there and buy below treasury .
Right now someone is taking a risk buying below treasury and someone else prefers to get out.
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