I am very optimistic about the Shutter project. I have done a lot of research, published articles, and called on the community to buy it. However, I am very disappointed that its price has been falling. I think it should be due to a large number of unlocks. This is very bad for the project and not conducive to long-term investors, so on behalf of all investors, I request that the economic model be modified and the unlocking stopped! After starknet launch the token, it also stopped and extended the unlocking time due to poor price performance. Why canât Shutter?
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As this is a discussion post rather than a proposal, it has been moved to the Shutter DAO general discussion category.
Should you wish to post it as a proper proposal, please see and use this template: [Required - On-chain] A Shutter DAO Proposal Structure Template
You can leave the transaction data as TBD for the Forum proposal.
Here is an example of a quite well written proposal that you can check out: Proposal: Issue an RFP for Treasury Diversification
Also, not using language like âI demandâ might resonate better with the community and give your proposal a better chance of being approved in a possible vote by the members.
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After getting a confirmation, it is not technically possible to stop the unlocking of the vesting pools, meaning that even if you take this into a proposal, it is not possible on a technical level to stop them once they have been deployed.
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Do some active MM may be a better choice.
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I agree, the community deserves better pricing strategy. The current chart casts a negative shadow on the project. An attractive pricing strategy can draw more holders, supporters, and believers, much like a snowball effect. Whatever steps are necessary to reverse the downward trend of the chart should be taken, whether that involves market maker activities, marketing efforts, or some emergency buy-backs. The community appreciates being looked after. When they see that the team cares, the community reciprocates and vice versa.
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It feels as though we are on opposite sides of a river, with the river serving as a divider between a group of developers and seed investors on one side, and holders and buyers on the other. The boat that we are all supposed to row together lies abandoned on the shore, marked with âmarketing and CEXâ on its side. Everyone is staring at it, yet it appears the developers are either uninterested or hesitant, and the seed investors seem reluctant to embark. Moreover, the holders on their side lack enthusiasm, a situation worsened by heavy rain, while the seed investors and developers on the opposite bank have matches, a fire, and even a tent for shelter. Some seed investors are even throwing stones toward the new buyers. This is the current situation.
It seems that many holders are becoming desperate, suffering from hunger, with some even leaving. The question now is, whatâs next?
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Yes, the situation now is that we are in the semi-bull market which means lots of pumping on the market and lots of speculator as well. I do understand the one who want to sell and buy the token which looks like have more possibilty to pump. Therefore, the community seems get into the bad mood and negative circle, price dumping- someon feel bad and sell- dumping more.
To turn back to a positive circle seems the most important thing at moment, either activly MM to hold the price, marking and cex or something else, this is just the method not result. I like what shutter do and team did a good job for the past two years. I am the seed invesor of shutter and I do not sell even one shutter token yet. I do believe that we will have a good mev protectiong product and makeing money all together if we can go through the tough time now.
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