Trust can and will be rebuilt. The easiest thing you can do is not innovate like 90% of this space. Then you’re relatively safe but your product is also not yours and will eventually die. Think who you trust more, those who copy or those who innovate
I trust those who provide viable paths forward that's verifiable and well thought out. The current proposals aren't it because like I said, it depends 100% on maximizing fees from a draining pool of constant product liquidity that's been scorned and trapped.
Like I don't think this reasoning is super pessimistic. If so tell me specifically what's super pessimistic about this reasoning
Ok well we need realistic solutions. I think it's a bit much to ask the regular community members to vote on something with not much analytical rigor. This is an insurance company at the end of the day which requires a lot of quantitative and actuarial analysis.
Totally agree we need more data and my own expectations is to also have more data, but on the other hand I don’t expect data to tell us the future, especially in this crazy space. Bull market tomorrow and suddenly everything changes. Anyway I think we’re just in the middle of the process, I don’t expect any of the solutions going for a vote tomorrow morning
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