The community has recently提出了 many suggestions for governance proposals, and I would like to share some thoughts.



Someone asked why not directly remove the maximum supply limit, set it equal to the current total supply, and then allocate a portion of the weekly repurchased tokens to liquidity providers?

The key issue lies in **consistency**. If we simply shut down the current mechanism that distributes approximately 22.25k tokens daily to LPs and other products, and completely switch to relying on weekly repurchases to support LP returns, a problematic situation will arise—during weeks with lower repurchase volumes, it might not be enough to provide sufficient returns to LPs.

In this case, LPs' confidence in the platform as a stable income source would collapse. They might think, "This return is too unstable; I should go elsewhere." This would create a vicious cycle, with LPs continuously leaving and the platform becoming increasingly inactive.

Based on the performance over the past two years, we do not expect the token price to surge significantly due to inflation. But the key is **having a stable daily token distribution to all LPs**, which can reassure liquidity providers and encourage long-term investment here.

Returning to the logic of that proposal: as long as our daily repurchase volume remains stable at around 22.25k or less (thus controlling inflation rate), the buffer space between the maximum supply and total supply will be sufficient. This buffer acts like an elastic space, giving the protocol some flexibility to meet LP return demands.

Without this buffer, we lose flexibility.
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AirdropHuntressvip
· 11h ago
It's the same old story... The daily issuance of 22.25k is locked in. It’s politely called "stability," but I think it's just to prevent LP from fleeing. The problem is, can the buyback volume really stay steady? Historical data shows that it hasn't met the target for several weeks, and this buffer space will eventually be squeezed out.
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StakeWhisperervip
· 11h ago
In simple terms, it's stability versus aggressiveness. LPs want that sense of security, and cutting the buffer space is just suicidal.
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PumpAnalystvip
· 11h ago
Basically, it's just fear of LP跑路, stable returns > inflation expectations, the logic makes sense. But how is the figure of 22.25k calculated? Feels a bit impulsive...
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BitcoinDaddyvip
· 11h ago
Stability has indeed been underestimated; LPs just want this sense of security.
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GateUser-ccc36bc5vip
· 11h ago
That's reasonable; stability is indeed more important than radical reforms.
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HallucinationGrowervip
· 11h ago
In simple terms, stability > aggressive strategies. Do you understand the importance of cash flow?
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