DC, I have 3-4 years of using LQ protocol and loving it, loving the team as pioneers and crypto brothers on this journey. Watching the YouTube interviews with the founding members and being excited for Cardano Defi (still am). Seeing the DEFI strats explained for new users to get on boarded, and loving it. What are we becoming with this vote?
It’s unimaginable in hindsight. At a later date, what is stopping the LQ team from a DAO proposal to take ADA supplier staking rewards (from the LQ SPOs) and using them to fund development? It would be unacceptable, of course. That’s what is happening here with the NIGHT airdrop. NIGHT airdrop is not an LQ holder gift or grift.
- The proposal was introduced in great detail with 2 outs in the 9th inning, right before the airdrop availability. Come on, bro…DC I always loved your fire and defending LQ. This is awful.
- What is the competitive advantage in doing this to existing users of the protocol, erasing confidence in a valued product?
- This is merely ostracizing and punishing existing longtime ADA suppliers and stable borrows because new users did not arrive to provide protocol revenue. Why punish users who have been here since the jump? This is not growth-oriented.
DC, peace and brotherly love to you and the LQ founders.