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RE: Convert BUSD DAO holdings into DEC-DAI LP

in #spsproposal2 years ago

The inherent problem with this system is that we're only going to get two things going through.

  1. Things that benefit whales as they dominate voting, as egalitarian as we like to pretend this all is, a few whale accounts will determine all outcomes
  2. "Free stuff" like that idiotic pack giveaway that just passed where everyone wants more stuff and fail to see how that kills value of existing holdings.

Genuinely well thought out proposals like this which have good ideas behind it but don't actively give out freebies nor help out whales always lose. It's just very sad :(