Well, fair enough! It still looks like the burning will happen sooner, and even if it could be done in time, group sentiment seems pretty strongly against. Nevertheless, we indeed seem to agree in spirit . Letās keep that up, and make sure he and those close get well rewarded .
Oh come onā¦ Almost the whole community was ready to inflate to 50k and few were complaining. These conversations are important to have imo. Inflationists will always have a crazy uphill battle in convincing holders so I really donāt see the issue. No one is saying print for devs, charity etc. we are talking about the guy who made most of us ridiculous amounts of money. Iāve personally shifted and would prefer to fund YFI for Andre through market buys vs. minting but that doesnāt mean itās a bad discussion to haveā¦
Also, charity is important and Iām personally proud of the Yearn contribution to the gitcoin grants. Not all roi should be measured on the immediate impacts in our pockets.
Nice. Letās not get a big head thinking how valuable we are to YFI. Andre was going to get here with or without any of us. He carried us here. Clutch as fuck. Heās Jordan and none of us are Pippen. We are just bench or fair weathered fans. Check the Guinness book of world records and I believe Andre holds the record for founder who created a 1 B Unicorn and received the least amount of compensation.
I donāt know if this proposal is still alive, but if it is I really cannot believe that people are taking it seriously (or ever did). If you want to give money to Andre then take a fee from transactions or earnings. Please for the love of all that is holy let us not get into the whole inflationary money printing game. That goes against everything that crypto and DeFi and YFI stand for.
Although Iām against both this and āburn the keysā proposals (both seem premature imo), Iād like to highlight that you seem to be missing the fact that 3000 YFI wouldāve been 0 if not for all the amazing work Andre and the team have put into building yearn. 10% for the team doesnāt sound like much to me, but Iād rather talk this when we finish building the protocol and dissolve.
No one said that Andre should not be rewarded, or at least I didnāt. My point is that we ought not act like a Central Bank and print a bunch of coins as a superficially painless way to reward him. if you want to reward him then tax transactions or rewards and pay him from that. DO NOT PRINT MONEY. If you canāt see the difference then we are going to have problems.
Why stop at 3000 then? Why not 300k YFI?
If people want to reward Andre, Iām ALL for it. Heās amazing. Iām just strongly against printing more money to do such rewarding.
Andreās address is well known. If you want to send him YFi, go for it!
Not everyone made ridiculous amounts. I have family that just bought their first speculative YFI investment. Again no one said dont pay Andre. The only thing we are discussing is how and how much. I am not for a 10% yfi print even if it saves all the dying children in name a country
Edit: meaning play even the most crazy of heart strings i am anti inflation
Thatās fair and I agree. I was only replying to you because your first post didnāt discuss the how and how much (which is important). It felt more like an attempt to discredit folks who donāt mind inflation and I donāt think thatās very productive to any conversation.
I support this 100%