Stament on last Wonderland developments
Dear Frogs and Crypto Community, I would like to issue this statement, due to the occurings of the last 24 hours. To summarize what has happened, word came out that Sifu who has been running the Wonderland Treasury, previously was a cofounder of QuadrigaCX, and has had other occurrences in the past. I found out about this 1 month ago, I am of the opinion of giving second chances, as I have mentioned on Twitter. I’ve seen the community very divided about my choice of maintaining him as the tre...
Welcome Chefs to the Frog Nation
I’m extremely excited to welcome Sushi to the Frog Nation. Making Sushi the most used DEX, and bringing the team and community spirit back to what Sushi previously was is my mission. I wanted to write a quick note to what the plan is with Sushi in the coming weeks as well as a bit of future cool stuff. As a first note, Frog Nation is here to clean up and bring efficiency back into Sushi, prior to the last 3-4 months LOTs of products were being shipped, Sushi proved that it was not simply just...
Stament on last Wonderland developments
Dear Frogs and Crypto Community, I would like to issue this statement, due to the occurings of the last 24 hours. To summarize what has happened, word came out that Sifu who has been running the Wonderland Treasury, previously was a cofounder of QuadrigaCX, and has had other occurrences in the past. I found out about this 1 month ago, I am of the opinion of giving second chances, as I have mentioned on Twitter. I’ve seen the community very divided about my choice of maintaining him as the tre...
Welcome Chefs to the Frog Nation
I’m extremely excited to welcome Sushi to the Frog Nation. Making Sushi the most used DEX, and bringing the team and community spirit back to what Sushi previously was is my mission. I wanted to write a quick note to what the plan is with Sushi in the coming weeks as well as a bit of future cool stuff. As a first note, Frog Nation is here to clean up and bring efficiency back into Sushi, prior to the last 3-4 months LOTs of products were being shipped, Sushi proved that it was not simply just...
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I have spoken a lot with various people, some people said Wonderland should just be wounded down and funds be given back to token holders, although this is an option, I believe this is the easy way out. I made a mistake, got blinded and I am sorry for that, Wonderland itself has achieved some big things and the aspect of an Investment DAO to me still is incredibly interesting.
I personally believe that we should get professionals onboard managing the treasury.
Whether it is the team at Bastion Trading who have proposed themselves on the forum here:https://www.wonderlandforum.xyz/t/proposal-bastion-trading-theskyhopper-to-manage-or-advise-on-wonderland-treasury/9839 , or it is another team. These professionals should be doing regular audits, regular financial reports to show to the wMEMO holder clearly how they are doing, how they started and lots more.
It is now up to the community to decide.
Do we wind down or do we continue to fight for the aspect of a Investment DAO being a revolutionary new organization?
In order to get prepared for both situations, we have added a Wonderland dev to the multisig, to prepare custom contract interactions which are required if we give the funds to wMEMO,MEMO,TIME holders back.
For the option that I am for which is to fight and bring someone new and experienced on to manage the treasury, I would like for everyone to come forward and bring ideas, if you are a fund in the crypto space, please post a forum proposal if you are interested!
I have spoken a lot with various people, some people said Wonderland should just be wounded down and funds be given back to token holders, although this is an option, I believe this is the easy way out. I made a mistake, got blinded and I am sorry for that, Wonderland itself has achieved some big things and the aspect of an Investment DAO to me still is incredibly interesting.
I personally believe that we should get professionals onboard managing the treasury.
Whether it is the team at Bastion Trading who have proposed themselves on the forum here:https://www.wonderlandforum.xyz/t/proposal-bastion-trading-theskyhopper-to-manage-or-advise-on-wonderland-treasury/9839 , or it is another team. These professionals should be doing regular audits, regular financial reports to show to the wMEMO holder clearly how they are doing, how they started and lots more.
It is now up to the community to decide.
Do we wind down or do we continue to fight for the aspect of a Investment DAO being a revolutionary new organization?
In order to get prepared for both situations, we have added a Wonderland dev to the multisig, to prepare custom contract interactions which are required if we give the funds to wMEMO,MEMO,TIME holders back.
For the option that I am for which is to fight and bring someone new and experienced on to manage the treasury, I would like for everyone to come forward and bring ideas, if you are a fund in the crypto space, please post a forum proposal if you are interested!
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