A holistic proposal for AGLD - solve for mLoot and future proof the community

Tokens
#21

Agree, this is very good

#22

It is imperative to the purity of LOOT and all-derivatives that AGLD is not tampered with!

It should be seen as the most precious and rarest of currencies and transacted with subtending currencies via AMM only.

AGLD is FREEDOM in the purest sense.
It should be left to flourish on its own.

BTC Proved Crypto could be Trusted
ETH Proved Crypto could have Function
LOOT is proving Decentralization/Freedom is a Force NOT to be reckoned with…
AGLD is the currency basis of that Force!

Buy screwing with AGLD you effectively debase the currency of the decentralization force that is LOOT.

Dont LOOT our progress by tampering with AGLD,

  • let it flourish and bring even more fire and attention to LOOT!
2 Likes
#23

This proposal makes sense in principle but I think we’re putting the cart before the horse talking about distribution because we do not yet have a clear definition around what AGLD does.

Some questions we should first answer:

  • What specific LOOT contract parameters (if any) does AGLD govern?
  • How is economic activity within the LOOT ecosystem tied to AGLD, and vice versa (i.e. how does the growth and adoption of AGLD specifically benefit LOOT)?
  • If AGLD is meant to have in-game utility within the LOOT ecosystem, how is that enforced on a contract level?
2 Likes
#24

Solutions to these questions are paramount to the growth of The Lootiverse.

It could be that AGLD governs capital allocation towards derivative games.

In my unification proposal
I suggested that AGLD should be used to

1 - allocate capital to the development of derivative ganes - games which emulate existing loot structure (OGLoot/MLoot +synth)
2 - allocate capital for in-game treasure (AGDL) to be found/won by future players.

Obviously still needs fleshing out.

#25

DO NOT DEVALUE AGLD…
DO NOT PRINT MORE AGLD…

INSTEAD, ask for AGLD donations from LOOT/AGLD holders to fund the DAO…

This is how you raise funds… not by changing (what is supposed to be an immutable contract)

Request DAO funding from donations
This is greatly accepted
Increases demand/price on AGLD
It lowers available liquidity (FURTHER BOOSTING PRICE AND VALUE)

You DONT print money/coins out of thing air or you devalue the currency just like every GOV in the world does…

ASK FOR DONATIONS!
DONT LOOT AGLD HOLDERS

Please see my other post: AGLD Consolidated Thread - #21 by MassAccept