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The Philosopher
@thephilosopher.eth
🚨 VITRUVEO CHAIN RED FLAGS ⚠️ I decided to come here and talk about this because I was affected by some of these problems, with no solutions, and I would like that no one else gets affected without a fair warning.
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The Philosopher
@thephilosopher.eth
Some things I didn't say: 11. Governance: Vitruveo is deeply centralized on Nik and Mike. They seem to decide everything concerning the chain. Sometimes they listen to the community on telegram, sometimes they dont. There is no DAO whose members would be vtru holders. There is no discussion forum for the community to make proposals. The team also have threaten the creators with the possibility of removing their core nfts (nfts which allow access to creators features). And they made restrictions for wrapping (in order to protect vtru liquidity), even against the suggestions from the community. We suggested wrapping by streaming or even by vesting, but they preferred restrictions. And about the restrictions, there are: restrictions in the amount that a person can wrap in a day and that the total system can wrap in a day (3k vtru in one day). So if in that day people wrapped 3k vtru, you will not be able to wrap yours. This is the reason why people are competing with one another to wrap.
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