Hello Everyone ,
As a proponent of the PoolTogether ecosystems and an enthusiastic member, I wanted to collect feedback on the recently anticipated impending protocol modifications.
According to what I’ve learnt, there will be a number of intriguing developments soon, such as improvements to the protocol’s core infrastructure and the rewards system. Even though these changes seem like they will make a big difference, I’m interested in hearing what the community thinks about a few particular points:
Effect on User Experience: In what ways do you think the impending modifications will influence the user experience as a whole? Do you have any worries or recommendations about how these changes might affect the user experience and how simple it is to enter prize draws?
Security Implications: Security is a top priority for any update. What do you think of the security measures that are in place? Are you confident that the latest updates will successfully resolve the current vulnerabilities?
Long-Term Vision: The manner in which do these modifications fit into the long-term goals of PoolTogether? Do you have any suggestions for new features or enhancements that would increase the utility and worth of the platform in next releases?
Comments from the Community: Lastly, what comments about these modifications have you received from other community members? Before the changes are completed, are there any recurring themes or issues that need to be resolved?
I also followed this https://gov.pooltogether.com/t/generations-pooltogether-v5-launch-plan/uipath
I look forward to speaking with you and having a meaningful conversation about how we can all work together to make PoolTogether a success. Your advice will be very helpful in making sure that these improvements live up to the expectations and demands of the community.
Thank you in advance.
Hey @Kitty12 - just so we’re on the same page here, what upgrades to the protocol are you referring to? V4 to V5? The recent growth discussions?
PS: Your post has a weird link to an AI learning thing, you might want to edit that out.
Please read about end game and the privaged council channel in discord. The two teams that run the show here stated that since the dao doesn’t make money they plan to submit budget requests to pay themselves remaining non-pool funds. Which they did but I assumed generation has one more budget request since the community did want to extend them 6 months. They opted for 3 instead and pushed the vote through themselves.
From their statements they will likely incentive new deposits with the remaining 4.5 million pool. Noting there is around 200-300k in liquidity this would be approximately 5x selling pressure proportionally and most liquidity is in 50/50 pools so this could amount to -80%.
Sadly you probably won’t get an answer, I have been trying all year to share my concerns and have directly asked if they way to hear how to address the problems . they do a silly dance around the question like they did with you. Even if we have an answer or attempt to contribute in any way that is not free to them they manipulate words or gloss over everything important. They have their end game plans and I dont see much that can stop a 5 year down trend that is creating all time lows while the rest of the industry seems to be doing the opposite by looking ready to break all time highs.
** I my opinion, I wouldn’t be surprised if a paid employee follows this post with an attempt to discredit my response but everything within is fact from their keyboard or my opinion. They may say it’s slander, but being that it is true they just get themselves deeper by pushing legal boundaries.
I regress and hope they respond to you to address your concerns. They ignored mine and I had to escalate it so them they don’t hurt more people.