I see many proposals to airdrop the coins coming up with weird schemes to benefit small holders and disadvantage large holders proportionally. Rewards should be given proportionally to the risk taken, which is the amount of coins you bought or not at all (burning). It’s also not nice for new holders to know a big load of $WLFI will flood the market in the form of an airdrop. Early investors will get rewarded with price increase/adoption, which should be more than enough. You have to keep in mind that there has to be voted for the proposals; large holders are not looking to vote for proposals proportionally rewarding them less, keep it real.
If it stops the endless stream of proposals from people aiming to vote themselves free stuff from the coffers, then I will support this burn with great enthusiasm.
Someone deliberately makes sly nonsense proposals for one simple reason: they lacked confidence in the project during the presale, so they bought in small, and now the profits are blinding them to the point of foolishness!
It’s not about how much you put in because there was no maximum per wallet.
Otherwise, 5 whales would buy all tokens and no need for others to participate.
When coins are distributed for bigger numbers of holders, the price will be more stable.
Also, when we participated in the project, there was no guarantee that we would ever get our tokens listed. It’s all about the teams vision on how to unlock tokens and what percentage or maximum number of tokens for each wallet.
Therefore, if the 30 billion should be burned, then there should be a maximum tokens for each wallet
For example if i have 1 million coin , I shouldn’t get more than 50k unlocked in the first unlocking period to avoid pumping and dumping and create price stability over time and attract more investors.
Otherwise, 5 whales would buy all tokens and no need for others to participate.
That did not happen, so why are you accounting for such scenarios, makes absolutely no sense. If you invested more, you ran a larger risk than if you invested less. This is not a socialistic system where we try and get everyone the same amount of coins.
Therefore, if the 30 billion should be burned, then there should be a maximum tokens for each wallet
Why? The 30 billion coins are not allocated. Only thing changing with burning is the % you own of the whole pie and that changes proportionally the same for everyone.
For example if i have 1 million coin , I shouldn’t get more than 50k unlocked in the first unlocking period to avoid pumping and dumping and create price stability over time and attract more investors.
That’s how you shoot yourself in the foot. Having a coin which you took the risk to invest in but are unable to realize profits when you want. If the coin dumps it dumps, it changes hands from people who dont believe in the project who probably do. Neither Bitcoin nor ethereum had such stuff in place, they did fine, keep in mind this isn’t a meme coin.