Crypto Economist buiding DeFi products for emerging markets @Canza_Finance and @Jollof_fi
Jan 29, 2022 • 7 tweets • 3 min read
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
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
