(re @NoahErgo : *1500 is pennies for dev firms*) Agreed. But for anon living in rural Pakistan who needs 10 goats for a bride price, 1500 crypto USD is a lot.

Lmfao

Like i said i suggest poaching cardano devs

Spread the proposal in Cardano chats

It is not my proposal sir

(re @NoahErgo : *It is not my proposal sir*) Do whatever you want. This project could boost Ergo's TVL metrics and bring in dumb money.

I tagged one dev

The way u talk about bringing in dumb money really makes me cringe tho i have to say

Trabsparently u just want to dump on noobs

(re @NoahErgo : *Trabsparently u just want to dump on noobs*) Can you explain to me the dumpenomics of this project?

Wut

You said you want to pump your bags

(re @NoahErgo : *You said you want to pump your bags*) Yes. Design is for maximum pumpenomics.

And if it brings in dumb money to pump, at some point you will use them as exit liquidity

No need to obfuscate that fact

(re @NoahErgo : *And if it brings in dumb money to pump, at som...*) Everyone can buy in at the same time. No founder allocation. In every trade there is a buyer and a seller.

of course, but you just said you hope it brings in dumb money so you can pump your bags

And i find that cringe lol

(re @NoahErgo : *of course, but you just said you hope it bring...*) Are you not trying to make money in crypto? I want as much money as possible to come to Ergo.

Believe it or not many of us here are actually interested in useful technology

But i still encourage you to make whatever you want

(re @NoahErgo : *Believe it or not many of us here are actually...*) A certificate of deposit is extremely useful technology. It's one of the safest investment schemes because you know the time and yield beforehand.

From my understanding your idea is just capturing inflation

(re @NoahErgo : *From my understanding your idea is just captur...*) Yes, capturing inflation is a core component. For those who capture the full inflation they will own the same percentage of tokens when they unstake as when they staked. In this way they do not need to bring in new investors for their investment to maintain it's value.

This is not how a CD functions, it is just a ponzi

They need to bring in new investors to keep price up otherwise stakers will sell their rewarded tokens and dump price

Its just a race of inflation vs ratio in liquidity pool

I think some buzz words should be removed from the language, that may help some feel more comforatbel. Specifically "Scheme", what you are making isnt new to crypto, its something almost every top 25 chains have.. and some, Like Algo.. is the only real use case for VC's. I recommend just making it, the core community here is very pure inthe direction of Ergo's Philosophy/mission. So not likely any of use are going ot get fully onboard although knowing its a natural thing that will happen in Ergo Ecosystem eventually.

(re @AustenMilbarge : *I think some buzz words should be removed from...*) Thank you for your feedback. I'm quite purposeful with my choice of the word scheme. I want investors to be aware that this is a money game with very clear rules. That's why in my latest proposal I even suggested a safe strategy for playing.