We shouldn’t delay it either. What is there to wait for really? Seems to be good agreement about Chiel’s proposal and Kev’s alterations. The contracts are ready, yes? So let’s vote!
The vote has been sent to the governance contract. They probably just need a little time to tune the UI to display this voting type. When all works well, the voting announcement should be visible in-app soon. Thanks to all for the input. I think we had a really positive and constructive refinement discussion!
Thats really great to hear! I appreciate all the work that you have done. If the vote passes and I have some ICX again send me your adress so I can send some to you
Haha no problem. Really appreciate the gesture but that’s not necessary. Just doing what I think is best for balanced and the community.
So can we currently buy BALN today and use it to support this vote?
Why is the proposal page blank been like that all day ?? anyone else seeing this ?
Probably just technical issue; it’ll be back
Good effort Chiel and all those who joined the discussion. Everyone has provided valuable opinions which imo has resulted in a stellar proposal that is fair to everyone. That was not an easy task but we finally made it.
has the vote been put up im having issues seeing the voting screen its just blank ?
No it hasn’t … you’ll see you it posted in here prior no doubt
Hi all! Just wanted to share my thoughts on discussion I saw over on the Balanced discord the other day. There were people over there referring to this proposal as a “refund” and saying it was people’s own fault for over leveraging etc. I saw replies saying that this isn’t really a refund and is just giving back the over-sized penalty fee which has since been reduced.
I saw people have already touched on this before. My fear is that there are a lot of BALN holders that look at this as a refund/hand me out and hence they don’t agree with this.
I think a lot of this is a misunderstanding of what exactly happened and that this proposal is to mainly refund the large penalty that was in place at the time.
I’d recommend that everyone here makes sure to discuss this properly on telegram and their discord so that people are on the same wavelength. The majority of the users strongly against it aren’t bothered coming here to read through all the comments…they are just adamant on rejecting
Please try not to make this argumentative. We just need to let people know in more detail why this isn’t technically a refund etc. if we see it being discussed on the Balanced telegram/discord. I’ve seen people that previously voted no that since have changed their mind after they researched it more. My fear is that most people are looking at this black and white. If we can all try jump in when we can on telegram and discord it may help in people viewing things differently. If not, I could see this proposal failing…
…if this happens my suggestion would be lower the amount from 25 to 20% (again something I saw someone suggesting on discord; they thought 25% was a bit too much)
Btw, I wasn’t liquidated (but did suffer significant loss from selling so much crypto at ATL’s in order to cover the rebalancing); I just think this was a black swan event and wasn’t fair on the users who were. We have an emergency fund. If this wasn’t an emergency I don’t know what is
Problem is, when you mention this on telegram etc they set on you like a pack f wolves saying you’re a greedy man and deserve to be poor forever
The vote seems to now be live!
Yeah but not showing any results seems to be some issue ??
24h til you can vote
is that the case ? cant see where it says that ?
I added a 100k BALN vote to the proposal
Hopefully people will see the initial higher approve to disapprove ratio from the get go and lean towards approve. The few of us here that vote have sometimes just approved/dissaproved with the herd.
Last one.
I’ve done my bit. I hope the others who rejected all the other times are aware of the difference between the penalty, and the liquidation itself. Can’t afford to fail on this issue, as it would be terrible to lose all the people who’ve been in Icon for so long and leave them with such a bad taste in their mouths, “but”, even if this proposal does fail, it’ll be back to the drafting bench to try again. There’s no rules to my knowledge on how many attempts can be made, as long as we get closer to a solution each time by revising and tweaking (and not spamming out of annoyance). Anyone needs funds for the proposal I’ll send it through.
If it does fail, I’ll ask if I can jump into the drafting seat with the proposal makers. I feel guilty that I closed my loan in Dec at a loss thinking that we were due for a BTC crash.
WACMI if we put in the effort.