You might already know me from X or Discord but someone told me something and I honestly think its a great suggestion so imo it should be placed right here!
I personally think the 220M bonus is alot but if it would mean jup at 5$ i would take that offer in a heartbeat, I like that Meow added that there would be a revote if the price of jup does not achieve 5$ but I also dont think thats fair for Meow.
I really hope that the proposal im about to make will be heard and taken into account since i think its the best way to ensure we as holders get “rewarded” fairly and so does Meow.
Proposal:
Meow will get 50M JUP for every 1$ that price goes up starting from 1$ but the 280M allocation will stay.
This means that if for example JUP hits 2$ when the time comes that meow gets his allocation he will get the initial 280M + 50M with a max cap of 555M JUP.
That means Meow has the chance to get 555M JUP if the price hits 6,50$ thus giving Meow an even bigger allocation than now but this will ofcourse be reflected in the price.
If the price does not go to 5$ or more Meow will still get an extra allocation for sacrificing his tokens which I think is fair.
let me know what you think about the proposal and feedback is always appreciated!
I think this is a fair proposal. Nowhere I have seen leader showing this much conviction and putting their personal allocation on the line. When someone is delaying their funds so they should be rewarded fairly. Meow is going all in with this.
But one thing to check will be when the price goes beyond $6, then from where will that additional amount beyond 220m jup come from.
My take on this is simple: it’s a fair deal for a leader willing to take such a big risk and go all in.
That said, I was curious whether Meow could take it even further by exploring if some Jup stakers would be interested in buying into the proposal. For example, he could offer 50% of the 280M allocation to stakers who want to be part of the same deal. I imagine many would gladly participate.
Just want to note that I’m the first to suggest this idea—we can either float it around or echo it to see if it gains traction.
This seems like a reasonable approach. It’s rare to see a leader with this level of conviction, personally backing their commitment in such a way. If someone is delaying their funds, it makes sense that they should be fairly rewarded. Meow is fully invested in this.
Now we I don’t know if they will accept bc meow doesn’t directly care about price. Like he does, but he deliberately never speaks about price at planetary calls which suggests he would rather grow the product rather than grow the price.
If the 555 proposal is aligned with ethos of jupiverse it’s yes for me because jupiverse is getting bigger and bigger everyday I can’t wait for jupnet.