You’d better explain
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I’ve been explaining all day. Adam took money that didn’t belong to him in proposal 498. He rugged the SNS.
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Would you use $500,000 just to rug $50,000?
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@mico its quite simple.
If you look through the voting history prior to proposal 601 adam is in control but the dev team is slowly accumulating back their power, by rebuying tokens or increasing dissolve delays of their neurons. If you check each prior one u can see they were gradually chasing him.
When adam attempts to pass proposal 601
This is the tipping point that the dev team realizes they are in control and they instantly launch an assault of 50+ proposals.
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I get it. You are going to use any argument you can to justify his actions. However, it was a rug pure and simple. He took funds that didn’t belong to him and he was able to do it because he exploited the SNS parameters just like the BoomDAO team did today. The mechanisms were exactly the same. Both are inexcusable. Both are unethical. Both might even be criminal. Let’s stop applying a double standard. Adam is not above everyone else.
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As early as two years ago, the BOOM team had already rug-pulled 330,000 ICP from the SNS treasury — and up until just a few days ago, you were still defending them.
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Does anyone believe that boom is not part of wenzel cabal?
Why do you deliberately fail to see the crucial difference here? Investors lost money due to this action, and those responsible have stolen from investors.
The actions of BoomDAO and Adam are not entirely equivalent:
BoomDAO caused direct harm (issuing and selling 250 million tokens) in a secretive manner without consensus, whereas Adam’s action (transferring 11,900 ICP from TRAX) had team approval and has not been proven to cause similar harm.
The 33% undecided is what is catching my eye.
Do you know if it’s possible to see voting history of neurons on sns projects?
How much did the boom team pay for this? How much liquidity was injected? What value did it bring to the token? Directly extracting value out of thin air
Why can’t Adam just say if he did or didn’t give up his vp for the refund?
No one is shifting blame of the actions of boom dao onto him. This is called retrospective due diligence.
How could this occur if one person seemed to have 63% vp? This shift in vp inconveniently happened after his refund. Just asking him for transparency on the deal he made to get 100% vp to approve that proposal.
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He didnt mico, i just showed you the evidence. He barely had more than the devs on 601. They were constantly gaining on him. They could have had a ton of tokens on the sideline just waiting for the right moment.
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Do you not see the 33% vp that wasn’t cast?
That means the devs had 51% vp during that time and they had control before he fell asleep lol.
Well we can clearly see BOOM DAO being defended for their actions by the outstanding community members and BOOM DAO supporters/defenders/sympathizers @wenzel and @mico
Let us all appreciate Mico and Wenzel for advocating for Boom DAO and their actions from yesterday!!
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No matter how many times I say the actions of boom dao dev team are wrong inexcusable and scammy you try to spin this narrative.
Just have Adam say if he gave up his vp to get his icp back. It’s that simple. We deserve to know if the people following him got exploited for him to get his funds back. It really should not be this difficult for him to say if he did or did not sell his vp back to the dev team.
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