then why lie/mislead about it up till now, could have just said so right when they took over (it’s to avoid backlash on SWIPE if you cant tell).
For those who still doesn’t realize how manipulative this move of the “new team” is (which is the real problem here):
- they manipulate the VRT price by creating an uncertainty state for VRT and stalling through “announcements” + delay . You can confirm this by line up the annoucements and VRT price time frame starting with announcement of revoking tokenomic (remember they still answer us about VRT fate with the old whitepaper and there will be vault + staking for VRT by the end of June up to this point, so dont blame it on the old team), also check the way they are presented especially this one https://community.venus.io/t/venus-protocol-weekly-update-w28-2021/1312?u=danny. Now the price is so low even their lower buy back ratio make sense (was higher in proposal #2), and other people start to say “it as good things, as the ratio is better than the VRT price now”, or at least try to negotiate back to proposal #2 ratio. On top of that, this proposal got release not VIA formal weekly update by Danny and right at the time VRT start to pump back up to put a cap on it ( VRT pump much harder than XVS with such low market cap and no one gonna buy it pass 1/12000 ratio to XVS now). If they clearly said they wont support VRT when they took over (which will create blowback on SWIPE), non would have hold/invest in VRT so the only acceptable buy back ratio is the VRT/XVS ratio of that time WITHOUT the vesting period.
- They combine this with the XVS vault and XVS borrowing, which everyone long for and totally different issues, trying to pass this proposal. What happened to “can only change 10 lines of code at a time”?
p/s: now the admin Noone put this on us because “we create this high expectation of VRT” and “Blaming the new team is the easiest way I guess. Everyone has a share in being in this situation, we should not forget that.”. He the one start to pushing “VRT = Vethor + Tfuel” nonsense + point #1 above.