*** Basic Summary/Abstract ***
As yam mcap is keeping drop, there is no good way to return to stable positive rebase right now. So let’s temporarily turn off the rebase feature until the mcap is reaching some predefined threshold value and keep above it for more than some days.
If we are not taking some actions here, the mcap could continue to drop to $3m - $4m which could make our investors make more lost and there still not even a penny of income for our treasure. Let’s face this hard situation honestly and protect yam investor’s best interest.
*** Motivation ***
Make Yam Community Consensus United Again!
*** Risks ***
As there is enough funding in yam treasure for new product development and marketing, I don’t think there is any risk.
*** Specifications ***
Turn the rebase feature off first to stop yam’s mcap continue to drop and this will not cause any damage to the team and the treasure itself.
Let’s turn the rebase feature on again until the following two conditions both meets:
Yam mcap is reaching $15million
Yam’s mcap is above and equal $15million for more than 7 days.
If both above conditions are satisfied, then the rebase feature will be turned on and this could or couldn’t go through the voting system again.
- Yes, stop rebase to save yam
- No, let yam’s mcap continue drop