@WilksAbram@TeknolojiaTae @DeFimagick I think you're the one grasping for something. I dont know if it's hope or delusion. Wonderland has been a scam just like every other one of these "DAOs". They were built on a lie. apy=stock split=revenue share. (Complete bs)
@dusilen@danielesesta He may or may not have but he was charged with it because liberty reserve was used to carry out those types of illegal activities.
@YEHCMi@danielesesta For example after 1 month of holding, it would increase to .7%, after 2 months .8% etc. This would encourage people to stay in the project and not sidestep.
@YEHCMi@danielesesta Youre actually right, the rebase system is .6% across the board so that means your position never changes, instead they should reward you with an increasing apy boost for longer staking.
@IanJohn39972942@danielesesta I guess with a more stable price that would be ok, but in the current model leverage is only good for people looking to sell off when the coin pumps. Leverage could be good for a yield baring asset though.
@WAGMIpost @AGeekInFinans @danielesesta I think the price would raise on its own given that it would be a passive income and would have intrinsic value.
@aandjgroupnft @kidilam420@danielesesta@pd1673 I feel the same way but i think the only way is forward. As long as Daniele is willing to work through this, we should hold and see. Selling at 90% loss is just crazy.