Let me explain. Community wants to burn 100m lisk tokens.
"It gives the community a real chance to pass the proposal. " - what do you mean by that, I don’t get it. I thought the proposal had been already officially announced to take place from 25th Sept. to 1st Oct. 2024. Here are some articles about that as evidence:
“Check tally.xyz and see how much of that power is currently in the hands of the community.” - so you mean exactly this website? Tally | Lisk | Delegates
“The postponement levels the playing field, making the vote more fair.” - do you know that July 2025 will be DEAD SEASON for altcoins? Do you realize that regardless of voting fairness or not and the results of this voting it will be way better to do it as everybody was anticipating it and most importantly because it should happen at the right time and 4 years best before bull run on 25th Sept.?
“It will still be difficult to reach the 24M threshold.” - so who invented those rules? somebody came up with idea to burn or allocate so what is the problem to reduce this threshold to be lower?
In July 2025 you will end up with no people willing to vote for it because everybody will already be gone from sinking ship. I tell you the truth, I want the best for this project and I see very negative people reactions to rescheduling everywhere on the internet, it’s not just me it’s majority of investors opinion and negative token price reaction also shows it. Take it into deep consideration before you reply. Nobody will care about it if it will take place on 1st July 2025 - while the general idea seems to you to be the best and fairest, the truth is that negative market sentiment will make it irrelevant
because the crypto boom will end and investors will leave Lisk for good.
If you believe that you can replace community with Africans and Hindu people in July 2025 then go for it but majority of people will be out of this project who postpones everything in time and doesn’t keep promises.
Let me quote somebody’s post from x.com :
“Tor_E2E
While you are dancing in front of africas, investors are dropping Lisk. And now another bad decision. If you have strong support to postpone the vote, do onchain voting to show this and refrain using your fat team wallets.”
and another one
" [
Nilesh Rohilla | Crypto Analyst
(x.com)
It will be more better if you burn it… All the best…"
You won’t believe it but all replies below this post: x.com are negative. Generally you wrote:
“Following community discussions and suggestions from a forum post by one of our delegates, and based on the strong support to postpone the vote, we’ve decided to move the vote to July 1, 2025.” - this meaning you decided to reschedule ONLY by looking at THIS FORUM and 99,9% of community is ABSENT in THIS FORUM. Barely anyone knows it exists.
Now what? Binance Square, CoinGape, Coinstats, and others will say oh, sorry for that news it’s no longer relevant - no they won’t, next time they won’t write about your project.