@haalandgurl People can be honest and still do sh!t but loyalty is an action you can love or hate me still have my back…. Give me that loyalty >>>>>>>🤝
In other words, with high burn, every time the protocol burns 15 million $RSR, for example, we end up with an additional 60 million $RSR burned, for a total of 75 million $RSR for a single burn. Let's go 🔥
Every $RSR unlock now comes with a burn 🔥
This plan comes directly from the community: @AmatorPatriae proposed tying unlocking to burning, which became the design of the final Burn Gauge: no schedule, no calendar... nothing released unless the protocol has burned RSR first. If the protocol burns nothing, nothing unlocks.
RSR holders choose the ratio, with five positions on the gauge:
→ High burn: for every 1 RSR the protocol burns, 4 more are burned from the treasury. No unlocking.
→ Low burn: for every 1 RSR the protocol burns, 2 more are burned from the treasury. No unlocking.
→ Sustain: for every 2 RSR the protocol burns, 1 is unlocked from the treasury.
→ Low growth: for every 1 RSR the protocol burns, 2 are unlocked from the treasury.
→ High growth: for every 1 RSR the protocol burns, 4 are unlocked from the treasury.
At the two burn settings the treasury shrinks and nothing is released. At the three growth settings, Confusion Capital can release more than the burn-driven amount, but treasury RSR is burned in exchange at that position’s ratio.
An unofficial burn gauge simulator is available here: https://t.co/O02phGL67o
@nnevvinn, Confusion Capital, ABC Labs, Best Friend Finance and every company Confusion Capital incubates sit these votes out; they won’t vote with the RSR they hold. The gauge is set by the RSR holder base.
The community will vote on it every quarter by ranked choice, following the quarterly update call and report, so you can see where the business stands before choosing a setting.
The first gauge vote is open now and runs seven days ↓
https://t.co/XC1bFeN181
There was a day I felt like the best investor, and my portfolio was at its peak… 6 years later, it feels bad… ethereum:0x320623b8e4ff03373931769a31fc52a4e78b5d70
Startup time is long over, and I want more than this price. Zero partnerships; DTFs can only be bought by people with knowledge.
Not even one exchange has listed a DTF so far for common users. How long do we need to wait??? I mean, after 7 years, we are still talking about unlocking tokens.
We were a big community back in the day, and 90% or more are gone. Proposal votes get only 30 votes.
It’s really sad to see. Every now and then, we hear something from the team, then nothing for weeks again and again.
@nnevvinn, you told us about 2026 being “wartime,” but after 9 months in this year, we are still at ATL