0x von Bismarck Profile picture
Jan 29, 2022 10 tweets 12 min read Read on X
@danielesesta @Wonderland_fi @squirrelcrypto

On the AMA we discussed quadratic voting to stop manipulation from whales. Graphs show difference between number of individual votes vs the the value of the votes.

Frogs dont want Wonderland to die

#SaveWonderland
Cred to @lyxaa27
Moreover, only 3 major wallets on time represent the Majority of the time voting to wind down the treasury
Better charts below.

The vast majority of Hodlers dont want this to end. Dont let the frogs down @danielesesta

#SaveWonderland $TIME $wMEMO

@squirrelcrypto @crypto_condom @AVAXDaily @Cointelegraph
Fundamentally, we are currently sitting at 56K $TIME for "Yes" with 36K $TIME voting "No". Thats a difference of 17K $TIME.

The top three wallets hold 24.6k $TIME(12k, 7.6k and 4.6k)

That's half of the "Yes" votes.

#SaveWonderland

$wMEMO #Wonderland $TIME
@danielesesta @thedefiedge @RyanSAdams @Avax_News @AVAXDaily @nikiilauren

1/ Updated charts below showing the allocation of votes per $TIME vs per wallets.

Top 5 wallets represent 26.4% of votes. This is not what frog nation is about. We cannot kill the project for 5 people
@danielesesta @thedefiedge @RyanSAdams @Avax_News @AVAXDaily @nikiilauren 2/ If we were to allocate the vote power 50% on total value and 50% on number of wallets we would get the following split
Data doesn't lie #Frogs want to #SaveWonderland
There are more frogs than whales! Make noise!
Dont let this die
@danielesesta
#Wonderland $TIME $wMEMO $MEMO
Lastly if you haven't voted yet VOTE!

snapshot.org/#/bestfork.eth…
An eagle eyed frog spotted a typo on my last chart, here have some prettier ones frens
One more chart frens, I think our point is clear. Data doesnt lie.

133 (99.57th percentile) whales about to win against 9,000+ #Wonderland degens. Lets #OccupyDefi

We are #FrogNation lets #SaveWonderland. Vote no keep the project going! Post the charts everywhere

$TIME $wMEMO

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More from @0xVonBismarck

Jan 29, 2022
1/ Dear Frogs,
We want to put forward a proposal for the benefit of long term Frogs not whales by establishing a TWA weighitng system on the payout or voting mechanism, to reward the people who have held wMEMO the longest by adjusting their vote weight, or final distribution
2/ This is not the same as quadratic voting, however we believe that this would be a fairer way to allocate the votes or distribute the treasury. Props to @dramuirhamid for the help drafting this up

@nikilauren @DeFimagick
3/ by weighting memo by a f(x) where x is the factor according to the upper and lower bounds of days the assets were held. Every wMEMO balance accumulation is an addition to the factor whereas every decrease in wMEMO balance causes a substraction of the factor
Read 7 tweets

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