@AvalancheFDN Great new. Can I suggest that the foundation matches the burn amount and burns another 5m token helping the whole community rather then just the builders.
I think it will be a positive and well appreciated news ๐ช๐ป
@avax Avalanche and its L1โs security comes from its validators who stake $AVAX
If $AVAX continues descending
โ Validators shut down
โ Security collapses
โ Attack cost drops
โ All L1s become insecure
โ Enterprises abandon Avalanche
โ Entire ecosystem risks failure
Avalanche L1s ~
Do Not require $AVAX for gas
Do Not require $AVAX for staking
Do Not Require $AVAX for validator
Do Not require $AVAX for economy or execution
$AVAX โฌ๏ธ = inherited security risks
AVAX is following ATOMโs old path and when that happens, it will never recover.
The whole Avalanche blockchain and its investors should be seriously concerned and look for a solution.
We cannot remain quiet if we want Avalanche to succeed. @AvaLabs has a great team and needs to wake up.
@el33th4xor@vohvohh@avax@luigidemeo#AVAX
Why $AVAX prices doesnโt move even with big announcements-
the ability for projects to launch their own token without needing AVAX for their internal L1 economy or transactions means low to zero demand.
The real concern for Avalanche blockchain and its L1โs is shared security
Avalanche and its L1โs security comes from its validators who stake $AVAX
If $AVAX continues descending
โ Validators shut down
โ Security collapses
โ Attack cost drops
โ All L1s become insecure
โ Enterprises abandon Avalanche
โ Entire ecosystem risks failure
Weโre hosting a major ACP discussion on Thursday, December 18, at 13:30 UTC / 10:30 ET, and you should be there.
@rrazvan1 will break down ACP-236 (continuous staking on the P-Chain), and @iJaack will lead a discussion on his proposal to change the delegation dynamics (ACP-247)
These updates could meaningfully shift validator workflows, economics, and decentralization. We want the whole community in the room!
Avalabs has one of the best teams in crypto. They have been here for years and understand this space better than most of us. They know how to build projects and community . We just need them to rethink and change course.
First thing @AvaLabs@avax@vohvohh@el33th4xor need to do is open real channels with the community. Spaces, calls, whatever. Talk with people directly, hear the problems, and hear ideas. The community isnโt stupid โ people can help fix things if theyโre actually asked.
FDN needs to be open with its wallet so the community understands what they are doing to support the ecosystem. They should focus on bringing real strength back to $AVAX itself. That could mean burning more tokens or reducing supply in a smart way.
then they need to push this message out. Let every project know that a stronger AVAX means stronger security for them too. If the price is healthy, it benefits the whole ecosystem. People follow strength. If AVAX shows that strength again, everything else will fall into place.
They should bring everyone together to look at how we can make AVAX stronger without pushing builders away. There are many ways to lift a token without harming growth, but it has to be done with the community, not behind closed doors.
@polypup@AvaLabs@vohvohh They also need to put their focus on raising the value of AVAX itself. Burn more, create real use, whatever it takes. There has to be a real reason to hold the token. If the value goes up, people will come. If the value keeps dropping, the project will fade. Itโs that simple.
@polypup@AvaLabs@vohvohh issues are arising because Avalabs/FDN are not listening and engaging with itโs community the way it use too. @vohvohh is new and trying but people want to hear from the leaders. They need to come together themselves and open channels to bring the community together
@polypup@AvaLabs@vohvohh AVAX keeps selling tokens, lowering the price, then using that money to lure in builders who only want grant money. Thatโs not real growth. If they put the energy into strengthening the token and the community first, real long-term builders would join without needing to be paid