step 3 evaluate the bidders
Shit Punk Says
Oceans of Wisdom
20,635
matching drops
#1553800
2026-10-20 16:15
step 2 is "have a RFP period"
step up is "define what you want and if you want it"
and everyone is like "sure"
it is not like you just show up one day and say I want $1M to build a skatepark
this is how real organizations work
not like a proposal process
personally I would run it like a procurement process
like a procurement process
sure it would be a proposal interfeace
yes would be needed
it is a good check on self-dealing
your fees get put back in the pool
but if you don't fund something in x days
you can't be forced to fund
and then anyone can choose to fund or not fund any one of the proposals
proposals have to pass TDH approval
is to split approval and funding
that model to avoid DAO self-dealing
and as discussed in the past
that money has to come out of that inbound revenue
including how we pay everyone working
I want everything to be decentralized
and we move it down over time
like any startup would have
we should start with a high level of reinvestment in the protocol
#1 to #3
so back to the security budget
it will get farmed
won't work if you then go copy it openly
getting the TDH alignment needed a lot of patience by me, a bear market etc
this will also be unique
it was a moment in time
there is a reason that model only worked once
it is unique
BTC though cannot be replicated
not holders
revenue goes to miners
BTC is, well, $0
ETH is like $25M (the burned ETH)
yup, solana true protocol revenue (not fees) is like $4M/month
lol. Really?
and one more twist
and Solana is $87B market cap and we are $100M
just #3
is like 1/12th the total Solana protocol revenue
the current figures for this
this is a huge security budget
so sources of security budget are:
1/ token issuance (TBD what that is worth, but I think it will be ok)
2/ transaction fees in the token
3/ ETH (or SOL or BTC or whatever) from TDH/Shadow TDH projects
that type of thing
this is your supporter card
I want to spend my post-ASI rocket to the far side of the moon