feel disappointed from marks response to the bailout question.
I think we as a community should gather behind this idea and give mark and the team a deadline. They should be given enough time to do their thing and make the lp's whole again with their ideas
But if it extends beyond a certain time limit, we should have the foundation cover the difference and make every LP whole again
This idea is fair
The reason why v3 encountered this whole problem was due to the team's inability to deliver the idea they promised / marketed.
It was the team's idea to launch v3 during harsh market conditions.
It was the team's inability to see what was going on at the time and not throw on the breaks sooner. I personally was messaging the admins here telling them to throw on the breaks way before bnt hit .50
Practice safe Lp'ing? Handing out those condoms ? The team is literally making the entire community wear those broken condoms while they let Celsius and whale friends cum inside them and bust all over them. Even though those whales did take a haircut, they still did have the chance to use ILP.
When the team saw such large withdrawls, they should have been able to calculate this 7 days in advance and come up with ideas how to fix this before the problem got out of control.
The foundation should answer to the Dao, and we the Dao should give mark and friends enough time to right their mistakes and oversights. But if things don't happen within a fair time period, the foundation should step up and make lp's whole ( providing this vote passes )
'It was the team's idea to launch v3 during harsh market conditions' - I've never read any reply or comment to the team stating that releasing V3 was a stupid idea. Nobody could forecast the bear market. In hindsight it's very easy to criticize the team and put all the blame on them.
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