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For one of this is a SIGNAL vote for exactly this purpose. All exchanges have a copy of this prop now. And should the community support it we will open discussions. If they refuse we don’t go any further. I don’t think I could have been more clear about this.
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I have the support of TGF and the L1 teams. TGF reached out to CEXs on my behalf in ADVANCE of me putting the prop up for votes. And multiple Devs have messaged me to get involved as they have solutions.
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We are sharing the profits with CEXs, it’s not us burning their money as we have been doing. They stand to make a lot more money
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Out of All the proposals put up for vote bar none, this is the ONLY one that prevents further death spirals, and that is actually addressing the problems with collateralisation, out defence mechanism/buybacks and reduces BOTH USTC and LUNC circulating supply.
I genuine have done my DD on this and spent a lot of time working out a thorough solution. And I have also reached out to all relevant parties in advance of putting this to vote.