Nah, I don’t think you’re toxic mate, you don’t beat around the bush though haha.
But I think the positives of the treasury will far outweigh the downsides of the sell pressure. It won’t really be any different than how other projects and even how Nervos has been funding a lot of stuff in the past.
There will always be tokens being used as payment that will then be sold, I just think there needs to be some sort of system in place to prevent huge amounts of CKB are being payed out all at once.
I hope that happens.
The difference, though, is that the money will come from the secondary issuance.. anyway, it might turn out to be for the best in the end. : )
I support this idea and in combination with the burning mechanism if some proposal is not good enough is a step in the right direction. Otherwise, I don’t see any point in accumulating funds in this account/contract aimlessly.
Yeah, I think I’ve seen it mentioned a couple of times that the whole secondary issuance wont be minted if unneeded.
But I don’t mind the idea of having a decent stockpile, just not to ridiculous levels.