[DISCUSSION] Should unsold RAD be distributed amongst LBP contributors?

[allinbitcoin]

1\actually the early investor face higher risk, but 10 times rad price is not fare
2\cex is better way for token exchange

[thepleb]

I agree !! CEX IS BETTER WAY FOR token exchange

[dhejrdlf1]

LBP buyers bought at about 10 times higher than initial buyers. They risk high prices and it will be beneficial to the Radicle ecosystem to distribute the residual quantity to them and make them a strong holder.

[BingZhang]

I did not participated in the event on February 25th. But I purchased 1000 RAD tokens on March 2nd. Am I available to share this?

[onur]

Can we please not mix up the CEX conversation here. No credible team in the space has advertised to be listed by a CEX. The best projects were listed organically. So if you want RAD to be listed on a CEX a good first step is to think about how to add value to the project.

[thepleb]

Im trying so hard for build Hype and teach my follower about Radicle in Thailand community

[dhejrdlf1]

Since unlocking the tokens on the balancer, the price of the radicle continues to drop. The current price is lower than the unit price sold by LBP, and some LBP buyers are losing more than 20%. LBP buyers lost money due to the unplanned balancer token unlock, so there should be a reward for them.

[zengmars]

Great idea. Can’t wait to vote for.

[abbey]

For everyone who’s contributed to the conversation, I’ve laid out some next steps for moving this proposal through the formal governance process Please follow along there!

[DISCUSSION] Should the remaining RAD balances from the LBP event be distributed amongst LBP contributors?

Hey Everyone! Since this discussion has garnered substantial participation and positive sentiment from the community, let’s move this forward to the next stage of the governance process. Going off of our official Governance Guidelines, the next step is to craft an objective overview of the proposal that meets the following criteria: Functional description (what is this being proposed?) Purpose (what’s the “why”?) Background (what is the reasoning behind the proposal?) Link to previous…

[donpen]

I agree this opinion.

[Marsel]

I like this idea, I think the community is more important than the speculators at the auction. More often than not, people just have money though, rather than support the project.

[thepleb]

i think a lot of Speculator was Sold out and exited from Radicle

[two_cheers]

In general, I think that burning tokens is more well accepted practice for dapps (see for instance MKR, BNB, LEO) simply air dropping them on LBP auction participants seems kinda of messy and could lead to a bunch of newly minted supply getting dumped on DEX.

I wonder if this remaining RAD that’s left over might be repurposed to improve the liqudity in AMMs such as Balancer and Uniswap. Maybe there is some way to encourage folks to stomach the IL with this extra RAD token incentive.

[aom]

i agree. very good idea.

[EvseiAgron]

Hi, everyone! It’s a wonderful idea, I absolutely support the author. There’s another option to reward node holders with these tokens. Or burn them if they haven’t been bought out after the stated 48 hours and extra time.

[BogdanDidenko]

I suggest distributing between seed node holders and people who have contributed to the project (github activity - like issues)

[clearloop]

Airdrop part of them to (famous?) github users is also a choice

[all_in_radicle]

I agree and would like to vote for it Let me know if you want someone to review your proposal! @kit

[raghul22]

I agree with this opinion and would like to vote for it too.

[zhi]

one year locked is too long. I beilieve 3months or half year will be much better.