We are spending too much on proposals. Everything else cuts back automatically in a bear market. The proposal funding on the other hand is going on as if we were still in a bull market.
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We are spending too much on proposals. Everything else cuts back automatically in a bear market. The proposal funding on the other hand is going on as if we were still in a bull market.
Agree, mostly.
But it's also possible that we could continue to spend as much on proposals and sooner or later we exit the bear market anyway.
But from a mechanical point of view in terms of tokenomics (anyone else remember that word?), your analysis and the one in the parent reply are correct.
Agree too.