AIP-536: Enhancing Sustainability: Prohibiting New Financial Requests over US $750,000 for one year

[SmartAPE]

@furiousanger

Also, as I’m sure you’re aware, I’m advocating to stop the nonsense of using locked $ape for any purposes, so may well indeed end up as a cost next time within your budget. Allocating or spending means the same - DAO no longer has those funds available.

I am getting a deja vu feeling here, friend. We have been through this. We do NOT spend or allocate ‘locked’ funds - because we can’t. I remain baffled as to why you still have this opinion.

No need for lengthy studies, no need for any speculation, the truth is we have around 120/130m $ape left , by January I predict that to be around 100m $ape , so without some drastic reduction in our spending and/or revenue, the DAO will be no more pretty soon.

Those numbers are highly inaccurate.

We had this discussion in another one of your threads where you indicated that you just guessed. I didn’t. I used actual numbers from all sources that we currently have. It’s all in this thread.

@furiousanger

Keep in mind most of the $ape we have left is locked - cannot be spent - so putting the breaks on spending is a necessity - sure they are saying payments in $100k tranches recently - but these are people who are happy to spend every last penny before the DAO becomes self-sustainable, and shut the doors.

Previously you said we were spending locked tokens. So, which is it?

@furiousanger

We have got to find ways of increasing our chances of being here in a year from now;

What will the DAO be doing a year from now that’s any different?