Trava Capital $TOD Gradual Buyback Proposal
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If we vote for a buyback I propose we implement it in a multi-stage gradual buyback rather than all at once. This gives those of us insiders more insight into what's happening, and prevents people paying less attention to simply sell off when they see a large pump. Open to ideas, let's discuss.
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A once off pump would deliver this reinvestment value to instant sellers, rather than to those holding $TOD long term. If it has to be a once off buy then I would consider the stable coin option instead, so we have the option to buy more $TOD.
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@hathorcomfy that makes sense. I also am concerned with the exposure to BNB. These past few months have shown there could be a collapse of the chain if its ever found that Binance is having financial difficulties or serious legal issues. I feel we should maybe increase our exposure to just ETH and BTC instead and minority stake in BNB. Also it may be wise to follow what Iron Bank has done and keep adding more networks for the platform use. Avax, Algo, etc., in case BNB falls it won't harm Trava as bad. Currently most of the transactions on Trava are on the BNB chain. FTM is great on Trava, but the ETH chain is having issues and is the most expensive way to make defi transactions.