As you may, or may not know dilution has been a great problem for Wonderland, thankfully this has stopped with the stopping of bonding.
However some people do not know that the longer you have been in the protocol the more you have been diluted and APY does not compensate for this…
therefore going forward i suggest that airdrops should be proportionally distributed depending on the amount of Wmemo owned and also the duration that it was held!!
2 Likes
NalX
January 24, 2022, 3:06pm
2
Please take the time to search existing post and contribute to those before creating a new post. This way we can concentrate our efforts in one place.
For example. this one was posted less than 24h ago:
Wonderland is a great project with a treasury that is earning great yield and has held up in value very well thanks to responsible treasury management and stablecoin farming from wSifu.
There are some dedicated frogs who bought at or near all-time highs (~$165k wMEMO value) and have held through wMEMO at ~$47k. These frogs have held through turbulent times for months and helped grow the protocol in its infancy; it is painful to know that people can now get over 3x the wMEMO tokens for what they…
1 Like
mine is very different, he talks about rewarding for buy at all time highs, im taking about rewarding only for the lenth of time you held while dilution was taking place
1 Like
NalX
January 24, 2022, 4:26pm
4
Buying at ATH was just an example. The idea is the same, although that one was more aimed towards the wMEMO buybacks.
That beings if you believe your idea really is different, I would suggest providing more details on the how you think this should be done.
Here are a few more that mentions this idea:
Outside of the macro impact around the crypto market, there appears to be a lot of people trading Wonderland to maximize profits during dips.
One proposal I have is whether we put an incentive structure for loyal holders that keep their money staked for to support stability in this eco-system. $JADE protocol airdropped rewards to those that held when the price plummeted.
In my opinion, a reasonable suggestion would be if those that hold 80-90% of their portfolio month by month over a 90-day pe…
I was reading about the ve(3,3) system to reward long term holders. I think this is a must. Anyone who was arguing against locking in your investment for a higher reward didnt see this coming. This is a must.
DO NOT leverage. The reward is not worth the risk. You put yourself at risk and everyone else with the price drop. You’re paying a 5% interest on the MIM loan, which you need to pay back anyway, they’re not just handing you money to keep. Unless wmemo makes a really big jump, you’re no…
Let me start off by saying that this isn’t FUD and that I think Dani and Sifu are well intentioned and this project has massive potential. That being said, let’s address the problems here.
Forget about time/memo and rebases. Rebases are just a stock split of wmemo. The formula is (time/memo price)x(4.5)x(current index). Try it yourself day in day out and see for yourself. So unless wmemo goes above the price you purchased it at, you’re fucked.
2)Now that we know that memo rebasing is worthles…
(locked)
I’m not sure what the hatred is for rebase hoppers. They add funds (fees) directly to the treasury each time they move their money into and out of the protocol. In many ways, they bring in more income directly then the stakers do. Every eight hours they are directly adding fee income into the pool twice, where as stakers are only helping with residual income from the liquidity fees over time.
Let’s move on to topics that would improve the overall health and growth of the protocol. Whether that …
Syn
January 24, 2022, 4:45pm
5
All that is happening with these extra posts about airdropping long-term holders is that forum engagement is getting split rather than focussed, which will cause the idea to lose traction.
The most efficient way would be to discuss it as a possible option in the burn thread, as has been happening for a few days: [RFC] - Proposal to burn wMemo Tokens
Failing that, a dedicated thread has been opened as mentioned by NalXes.
2 Likes
system
Closed
February 1, 2022, 4:19am
7
This topic was automatically closed 7 days after the last reply. New replies are no longer allowed.