Thread by @0xOtw

Keypoints:
1. 95% of the problem right now is the L1 Bribes & Fees, it needs to be fixed to not let people game the system.

2. The rest of the problems are technical and less relevant
#Solidly #DEUS @lafachief
🧵
(1/x)

to the public e.g enough gas for transactions to stop failing.

3. Solidly goal is to have 30bil Volumes.

4. Solidly & Solidex contact are immutable. While 0xDAO contract is upgradable.

5. To fix the bugs, the only way is to fork Solidly contract and fix them. Solidly+

(2/x)

6. All tokens will be migrated. Possibly with the snapshot. The main goal is to have a smooth transition and no value lost in between.

7. 0xDAO is easy to migrate because their contract is upgradable. But not sure about Solidex. They are coming up with their plan.

(3/x)

8. NO timeline yet. Don't want to rush this. But should be SOON.

9. 0xDAO and Deus DAO will be still 2 standalone DAO, they won't merge. 0xDAO is more on helping retail/new investors vote and farming easily on Solidly without dealing with veNFT.

(4/x)

10. Partner oxSOLID and Normal oxSOLID functions/properties will remain the same moving forward.

11. with Andre leaving, Fantom stop the grant for Solidly operation. Developers have no incentive to continue. So Deus step up & provide DEUS grant to developers to cont.

(5/x)

12. Community should think of DEVELOPER first rather than 'myself' first. If the developer is successful, the whole ship will sail further. Show them some love.

13. They don't focus on PR to gain back investor confidence right now.

(6/x)

14. First priority is to focus to fix Solidly and get it to work, that will gain back all the investors' confidence automatically.

(7/7)
phew... RT the first post and thank me later.😆