75% is a variable for discussion. But I think this proposal is really good. Airdrops are not free money, its a responsibility. And those sellers should have know that.
Guys, you lay down at the beginning and for a long time. There is no possibility to shove them into lp, the price flies down, all that works is 1inch and other swap. Only a few hours later, we managed to add a little liquidity, not on uniswap, but on sushi.
Many who would like to do something else, in such a situation, did the reset. Some bought below, some have not.
But these people who “no” were bought back by others.
(Apologise for my English. It’s a robot that translates)
Is providing liquidity fine then? I cashed out 40% for my taxes then began providing liquidity on uniswap for OP and staked or provided liquidity on other dApps on the ecosystem.
When if the airdrop discussion ever subsides, Not able to do much just holding OP token. Some conversion into other tokens/NFTs required to use Optimism. Not in favor of proposal. Let`s move on and change the narrative. Otherwise we just continue to focus on airdrops and other peoples behavior.
I believe we should use different mechanism, something like giving more future airdrop to people who hold their token rather than eliminate people who sold… We can make them future holder of the token with teaching them holding token will give you more.
Just throwing out there that I sold half, but I received more than most, but took the sold half and stuck it in an LP. I’m an ardent OP supporter, and adding to the trading efficiency of the token represents my values on the network. I have just as much skin in the game.
Token price: If the Optimism Team wanted to hold the $OP price, they could have introduced a cliff and vesting of the Airdrop-1. The anti-dumping measures are the task of the Team, and not of the users.
Nature of airdrops: The original idea is to reward early users for supporting the protocols. The $OP airdrop criteria and rewards are there; the Sybils/farmers are sorted out. What is not fair here?
Nature of crypto and web3: It is designed to be permissionless and decentralized. We are blaming the banks for their control, and now are not letting the users decide what to do with their reward? Secondly, crypto is aiming to increase the level of prosperity all over the world, for many this is the only chance to legally earn “life-changing money”. What is wrong if common users are selling their airdrops?
My suggestion is to look into (big?) accounts who claimed the tokens before the official start of claiming, or did any similar malicious behavior. And let the retail users enjoy their earned rewards, after the Luna-crash, bearish market, etc. We will all benefit from it in the end!
As the original poster suggested, I can see some support for this proposition, but the details matter and I would make sure to still include in future airdrops those who swapped let’s say half of the airdrop to add all of it in Uniswap LPs (or others).
Rationale: Some projects even have to give fake “yields” to ensure people provide liquidity, as it is another way to contribute to the project.