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Michael Gingras (lilfrog)
@frog
How do we hide our eth from the fork that’s starting
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Yitong
@yitong
raise the fork threshold imo. it's the simplest way
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Bixbite 👽
@bixbite
I disagree, I believe the only way forward is.... reduce the fork threshold to 20%, have one final fork then redeploy V4 that removes the fork mechanism completely.... moving forward people bid at auction knowing there is zero arb opportunity, similar to Lil Nouns, so you buy in knowing if you need to exit you have secondary or $NOUNS - if the fork mechanism remains the cat & mouse game continues.
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Michael Gingras (lilfrog)
@frog
why reduce fork to have one final fork vs just remove the fork right now? I don't see the benefit in allowing one more fork
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Bixbite 👽
@bixbite
Its going to happen whether we like it or not, so might as well get it over with quicker to put a stop loss on it.
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Yitong
@yitong
We can simply… not allow it to happen by raising the threshold? Then unship it later at our leisure?
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Bixbite 👽
@bixbite
By raising the threshold your just encouraging arbers to stack a larger deck against us, so when the fork does happen it will have a greater impact then if it were lower. It also gives us a false sense of budgeting when voting on proposals…. “Oh well we have $20M so let’s pass this $2M prop, but when in reality minus arbers it’s truly $15M” <—- just an example.
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