i don't understand this proposal concept
Shit Punk Says
Oceans of Wisdom
15,962
matching drops
#1174313
2026-07-07 16:25
we are not going to run out of tokens
it is the stock buyback vs dividend tax story all over again
it is better that the protocol disposes of the ETH without changing people's $6529 balances
I am pretty sure we have ordinary income in most tax systems
if we all get together and sell a meme card to someone and split the proceeds
in fact almost certainly is
whereas a distribution may be
it is more tax efficient because it is for sure not income to you
let me try again
don't understand the question
I think a) is more tx-efficient and without knowing all the tax systems in the world, a) is probably more tax efficient across most scenarios over time
you can:
a) burn it
b) distribute it pro-rate to lots of people
now you have say 10,000 $6529
step 1 you use ETH to buy 6529 tokens
i think it is the same outcome
same outcome with extra steps
and just buyback on mainnet I think
cleaner to do the small distributions on our chain where cheap
this does not solve gas losses if you are going to distribute 0.00001 ETH to someone
by a factor of "nothing else is even close"
ETH mainnet is the overwhelming amount of NFT liquidity
i dunno, just my guess
so main orderbook probably there?
in which case the ETH will be there
i think NFT liquidity will be on mainnet for a while
whereas aggregated it will work
due to gas
means a lot of it will get stranded
so distributing ETH by TDH to x,xxx or xx,xxx or xxx,xxx people
you don't know gas prices over time on mainnet
it is technical
protocol ETH
1/ a % that is used to pay for devs etc
2/ ETH that comes from minting memes, stream etc
but remember we have two other things to integrate
yes this is where it comes from
when we stay decentralize, everything we are doing here, in decisions etc runs on a decentralized network of nodes
something like that
1/ block rewards in $6529
2/ infrastructure payments in $6529 (developers etc)
3/ ETH from mints used to purchase $6529
so something like this
that is the only purpose of a token
if we want to decentralize we need $6529 to incent the nodes
and is constant sell pressure
it is super annoying to deal with otherwise
makes a huge difference
yes yes yes
he is very smart but he is wrong
he is wrong
we can actually do things correctly
is moving in the right direction