Not going to close. It’s rigged. Lol people thought Dani actually gonna just give everyone the backing price back. sheep being lead to the slaughter.
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This is a great point. Pay back starting from the smallest holders first. I’d agree with what someone else said that we should be paid back at our ATH buy-in to prevent favoring late-comers over long-time holders.
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This just seems like the easy way out. Most of us lost a hell of a lot. I personally lost more than 90% of what I put in (more than 10K).
If Dani and the team care so much about the community as they claim to, then I don’t see why the can’t put all their energy into trying to fix this. It can be fixed if someone puts in the effort.
When I last looked at the vote it was almost 50/50 despite the biggest holders trying to rig the vote with their big bags to make quick $$ .
This tells me that most of the community is not ready to give up despite what happened. Dani should see this and it should give him confidence to put things back on track.
Why is he happy to repay the liquidated a few hundred dollars each when holders lost up to 95% of what they put in.
I’m still willing to hold in the hope of getting this project back to the way it was for the sake of this community.
Please vote ‘NO’ and give us all a chance.
4 Likes
The only reasonable solution at this point is for people to have a choice i.e whomever wants to exit at backing price to be allowed to do so, and whom ever wants to stay to stay and basically have the same % of treasury backing per amount held.
Running that large treasury is no easy task and certainly not something that an army of noobs and wanna be rich quick guys can do. I lost a shit ton too, but I am also aware that the highest I will ever get back is the fooken backing price.
If this gets voted into a NO, every big player will exit spot dumping the price into oblivion. You guys only want numba go up. For that you need buyers…where are those buyers and why shall they buy? That’s like a wet dream under current circumstance.
APY won’t fooken save anyone when nobody is pouring money in and also since most liquidity is now in wMemo not in TIME.
what would u do if the wMemo will trade at 5K next week? how about 1K?
The way i see it, voting NO now will only prolong the agony and there will be another WIP soon after when the price of wMemo will be really low and people will cry for backing price.
2 Likes
nobody will give you back those 90% lost and price won’t 10x from here so you can break even, the sooner you realize that the clearer you will think.
Or did you actually believe in the fairytale that 80000% apy is possible? The calculator was great to lure you in, but who do you think will pay you 800x your money in a year and why?
5 Likes
I agree wholeheartedly. Live on and prosper!!!
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Did a Quick check on the vote using a 1 Wallet = 1 Vote. looked ay 2419 Wallets that have voted.
NO = 82%
YES = 18%
Very different from the close 53%/46% based on Time token ownership. Small holders are overwhelmingly voting NO.
I looked at every wallet that held 7.5 TIME and higher. I did not look at every small wallet but the trend leads me to think its would end up 90% NO 10% YES
Based on that info. I’ll cast a NO vote.
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how is buying so late on “diamond hands” shouldnt be rewarded at all. diamond hands are us that have been holding since november and never sold.
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Watch this:
I agree with the points being raised
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It’s a dead cat bounce guys. Exit Liquidity imo
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The Wrap function on the website is not working, its giving “string overflow”. What should I do ? Anybody else having the same issue???
are you using avax of fantom ? Avax works for me
I’m using avax on trezor
how can i do it if my time is staked?
all WMEMO is staked and you get return, so if you have WMEMO dont worry, if you have time change it to WMEMO. WMEMO also doesnt show as staked on the website (yes its confusing). They have disabled the function with the calculator on the website too… What you can do is go to the wrap section on the website and click max with WMEMO and you can see a MEMO amount that is staked, it will show you an amount. Come back in 8h and you will see the rebase amount added
I tried the wrap section, but it gives me the the error every time i do so. It gives me “string overflow” error on metamask
My worry is that if i cant wrap my MEMO into wMEMO i wont be paid back once they refund every one on the protocol. Im not sure if anybody else is having the same problem, where they are not able to WRAP they MEMO into wMEMO
Voted YES! With that treasury we have the chance to recover our loses!
1 Like
Sorry you are not going to cover no loses! You going to get a huuuuuuge lose if you was a holder.