I think this is a great idea and a very well written proposal. I personally think this should be implemented, however, I don’t think the timing is optimal and think it makes more sense in more favorable market circumstances. If you look at basically all of crypto right now there’s been a massive outflow of liquidity and users - CEX, DEX and NFT trading volume are hitting new lows and close to pre 21 bull market levels. On a longer time frame these periods are usually not the times when platforms generate the most revenue. In fact they’re mostly irrelevant compared to bull market trading volume and thus revenue. While as a BLUR holder this proposal might seem like it could provide value to the BLUR token short-term, it could be detrimental to our market position in the current market and in the long-term do more harm than good. In my opinion our primary goal as a community right now should be to solidify our market position and further gain market share. This can come from contributors developing the Blur ecosystem through product building, community growth efforts, or new incentive treasury proposals. When the market shifts upwards, as we know it will since crypto operates in cycles, I’ll be happy to support this proposal. It’s a matter of when, not if. Thank you to Alex, Sasha and the whole Arca team for this very thoughtful and well written proposal - also looking forward to hearing other people’s opinion on this.
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