It’s been long enough. LPs are sitting on severe deficit losses, and the sum total of communication we’ve received is vague assurances that the team is “working.”
Working on what, exactly?
Direct questions:
-
What is the team currently building to address the deficit? Not “carbon alpha”, “more integrations”, “carbon”. Specifics. Plain english, what is carbon alpha, and what problem does it solve, and how will it help impaired LPs? Did you guys build something where you can stand a better chance at finding PMF? Are you working on other integrations? When licensed, what fees are generated?
-
Is there a roadmap? Milestones, timelines, goalposts. Where are you at now? What is the game plan?
-
Why has the Foundation gone silent? One communication since this began. For an event that impaired user funds at this scale, that’s indefensible.
-
When can we have a live community call? Submitting written questions doesn’t work. We’ve all watched the hard questions get skipped while softballs get answered last time. Live, unfiltered, open Q&A. Keep going until no more hands held up.
I’m formally requesting the team schedule a live community call within 30 days and publish a written recovery roadmap. If neither happens, the DAO should consider what governance tools are available to compel accountability. I would suggest mandatory monthly reporting covering items being worked on, roadmaps etc ensuring those on salary are earning their keep.
Additionally
Do any team members, contractors, advisors, Foundation personnel, or entities affiliated with any of them receive BNT in any form, whether characterized as salary, bonus, grant, token allocation, vesting schedule, advisory fee, service payment, or anything else, from the Foundation, the operating company, the treasury, or any related entity?
If yes:
- Approximately how much BNT per month/quarter is distributed this way, in aggregate?
- Is any of it being sold into the market? If so, at what rate?
- Will the team commit to publishing the wallet addresses receiving these distributions so the community can verify on-chain?
A simple “no BNT compensation exists in any form” would put this to rest.