It has now been roughly four years of hearing that work is being done on the deficit situation, but from the outside, there is still very little concrete clarity on what has actually been achieved, what remains unresolved, and what the path forward is.
At this point, I think the community deserves direct answers.
Since Carbon was launched, what has materially changed with respect to the deficit?
Not in vague terms. Not in general statements about building, progress, or long-term vision. I mean specifically:
-
What has been done to reduce the deficit?
-
If it has not improved, why not?
-
Has the team/foundation made this a real priority, or has it effectively been sidelined?
-
What specific steps are planned from here?
-
What is the timeline?
-
What should affected users realistically expect?
Because from where many of us sit, the picture is hard to ignore:
The deficit has not been resolved.
It does not appear meaningfully reduced, quite the opposite actually.
And over time, it feels like the situation has simply been allowed to drift while the same broad reassurances get repeated.
”we want this deficit closed as bad as everyone else” “our funds are locked in there too” - says the individuals collecting a pay check from the bancor foundation.
Carbon has now been out for a while. So it is fair to ask: what, exactly, has Carbon changed for those still stuck dealing with the fallout of the deficit? Has it created new revenue, new recovery mechanisms, or any measurable path toward repair? If so, the community should be shown the numbers and the strategy. If not, that should also be stated plainly.
The most frustrating part is not just the deficit itself. It is the ongoing lack of specificity. The lack of clarity. After four years, “we are working on it” is not enough. The community should not have to keep guessing whether this is being actively solved, passively delayed, or quietly abandoned.
I would ask the team/foundation to provide a serious update that includes:
-
A breakdown of what has changed since Carbon launched
-
Any revenues, mechanisms, or treasury actions intended to address it
-
What has already been tried and why it has or has not worked
-
A concrete plan for what happens next
-
A realistic timeline, even if the news is not ideal
If the answer is that there is no active recovery plan, then say that clearly.
If there is a plan, then the community deserves to finally hear it in concrete terms.
Four years is long enough. People are asking for facts, accountability, and a real explanation of what comes next.