I do believe Jupuary should happen irrespective of the sell pressure. Burning the tokens is not an option for me.
We should restrict sell pressure using airdrop criteria. The criteria should focus on proved long-term users & also include new quality users.
I don’t believe staked JUP should be utilized for airdrop distribution. That will skew the DAO metrics. Especially when the quorum is pegged to 30% of the staked JUP.
Kind of stunned that you shrug my comments off and say that I should be in a proposal thread, then you come out and basically advocate for cancelling Jup. Something was indisputably repeatedly promised by the team.
Sounds to me like you’re simply trying to avoid the “PvP” discussion altogether because you think it might personally benefit you.
From my perspective, what you’ve now written is totally antithetical to the PPP message.
The vesting question is legitimate, however generally these function a bit like unlocks and it makes people hesitant to buy, or they’ll be incentivized to sell before the end of a vest period or an unlock. Hard question that probably requires serious research and a study into how this has functioned for other projects. Difficult as confounding variables always involved too.
When you talk about cancelling what was consistently promised in any reasonable sense of the word, I think you’re making the average USER massively less inclined to stick around or have any wish to be a “community member”. Personally, I would consistently FUD the project, sell 6 figs in JupSol, all my staked Jup and let the whale stakers rot here if that happened.
It simply shouldn’t have been talked about so aggressively as if it were going to happen if cold feet was going to be the final result.
Ultimately, users aren’t going to have a positive attitude or values towards the project if the project doesn’t act positively towards them. And vice versa. This is core from my perspective.
I never mentioned sell pressure.
I don’t think that’s a serious point against Jupuary and if anyone is worried Jupuary will dump their bags and not recover they should sell all their JUP. Because it means they think the current market price is not a fair one and the only thing maintaining the price is scarcity of tokens in the free market.
These seem like things that can be fixed. I also think time would be a great filter, and we’ll ultimately have the cream of the crop remaining. Long as they don’t leave while we’re maturing.
Maybe you truly don’t realise, but people are clearly addressing your points and you’re responding acting like they’re bringing up French poetry or something.
Just respond to and address what they said rather than being obtuse, its not that hard.
i am a fan of jupuary, but i think the team would take a different approach to it this time around to ensure only real users qualify. but lets watch what they have planed
Meow addressed all of this in the last J.U.P. Really and will talk more about it in the next one. I have transcribed the fragment and attached it here: