Let’s have a constructive and concise space to state our main areas of concerns if the Jupuary2 vote doesn’t pass. We need to understand each others concerns in greater detail in order to unify and give Meow the 2 years he’s asking for.
Let’s make this as constructive as possible by stating the concern and solution.
I have 2 main concerns that are making me uncomfortable.
Concern 1: No vesting period. The supply shock of 700m JUP is huge. There could be more ramifications other than short term PA.
Solution 1: I know meow doesn’t like mid… but there needs to be some sort of middle ground to protect us from this supply shock. Sanctum’s earnestness claim allowed participants flexibility to do what they needed for their own circumstances. 50% was claimable from day one with a prorated amount being added to the allocation per epoch over a 6 month period. Any bonus that was forfeited went back to the treasury.
Concern 2: Significant dilution of ASR. When meow initially said there would be a 1 year vesting period and that all vested tokens would be allowed to vote, this really disturbed me. And with the current proposal it went 180 degrees in the other direction and I’m still disturbed!
Solution 2: Vesting period where vested tokens have no voting power until they are claimed or fully vested.
Looking forward for all of us to understand each other’s concerns and find some solutions in order to become more unified.