Liqwid DAO Core Team loan proposal

Temperature Check
4

  1. Does it really cost $3M to fund development for 1 year? Is there a budget we can see?

  2. Isn’t too excessive to use 38.27% of total supply as collateral to finance just 1 year of development? Specially after having another loan with 6.38% of the supply as collateral. What happens if after selling the ADA for USD, it does x10 for example? How would we pay for the loan then? It seems to me like a risky move for the DAO considering the size.

  3. How much time are you calculating it would take the DAO to repay this loan with the current income?

  4. Would it be sufficient to just use the current income to fund development instead of taking a loan?

  5. Are the quoted parameters for the Liqwid DAO POL loan, as it says on the proposal, or for the Liqwid Core team loan?

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