Are you the only one to decide Tano ? It’s your own opinion, you can’t speak for all the holders.
BNB burn is working lol you can’t choose when it’s not working only
Moreover, you lie about GNS :
GNS 1 year performance : -34%
GMX 1 year performance : -65.20%
No I am just stating my own opinion as a token holder. My point it doesn’t fit here in this proposal, so let’s stay on topic, thanks for understanding!
And I am also a delegate, so I speak for holders in general who are aligned with my views.
About GNS sure the percentages are off, just saying they’re actively increasing their burn rates, and it doesn’t help the price at all as you’ve seen since September, and are spending treasury fees for washtrading programs that do not create any stickyness to any user on the platform.
The most important factor in this is fee generation for a protocol like us, GNS is losing fees and volumes, so needs to do something drastically to help support the price. Our goal should always be more fee generation, which increases the buybacks which should support a higher floor of GMX price.
Playing with tokenomics is bearish.
thank for understanding to be fair and honest when you wrote something as you speak for some holders ! GNS didn’t went down 90% since burn mechanism applied.
That’s why I suggested a 50%/50% to be better aligned with revenue/tokenomics schem.
Again, if you distributed 100% but your token drop 60% it’s worth nothing, you loose money, it’s mathematics !
Please continue discussion in this thread, as a lot has been changed from the strikethrough old post.
Look to the comment section to where exact details on the incentive MVP will be placed
