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The reserve is dropping every day, it wont increase anytime

soon, the prop 20 will cause the apy to go down everyday?

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maybe not 2 years. but my point is there's no rush to push a proposal that was just written 20 days ago. explore other options. discuss further.

Not Really! The way that is going right now, 400M yield reserve will least 4,5 months

Gustavo
What do you propose to solve the problem?

@therealLuckyman are you online to join us in this discussionn

Gustavo
Not Really! The way that is going right now, 400M ...

He means that Do Kwon said the yield will continue to be funded for the next 2 years. Meaning funds repeatedly added. Which is what makes these constant frantic proposals to save the yield a bit absurd.

Gustavo
Where the money Will come from?

Probably something similar to the $10 billion they plan to use to buy bitcoin with. There's no reason to assume that a company that bought $2.2 billion worth of bitcoin in like the last 6 weeks, won't be able to fund the yield as claimed.

P S
I don’t think Do ever said that

Indeed. That french named guy from LFG said something in those terms though

LabanLuring
Indeed. That french named guy from LFG said someth...

but here’s the chaser https://twitter.com/Remi_Tetot/status/1504897198785503234

P S
I don’t think Do ever said that

Whoops, apparently it was someone else from the team as per Citanul above.

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