what do people think about daily $ron buybacks using 15% of the $usdc and $eth in the treasury each day?
maybe even have a 90%/10% split with a basket of coins including projects' game coins. this could be used as an incentive for game teams to build with priority on @Ronin_Network.
for example, there is 1.93 $eth in the treasury and $8.13k in cash right now. Tomorrow, use that to buy RON and game coins.
1.93 $eth = $7045 current market value
$7,045 in ETH + $8,130 in cash = $15,175 total
total in treasury
15% * $15,175 = $2,276 to be bought back tomorrow (hypothetically)
90% used to buyback $ron ($2,048)
10% used to buyback tokens of "Ronin aligned" games coins ( $pixel comes to mind, $227 )
which game coins to be bought back each quarter would be decided through Governance.
it's not much, but as things pick up... it sets precedent for a powerful system between network and games.
@GuillotineNFT you just want to know who owns all the $ron?
@GuillotineNFT i'm hoping @KilianSolutions builds this. Killian, how much would it take to build a holder dashboard? and then how much to maintain it?
@GuillotineNFT @KilianSolutions including staked $ron..
$lron would be cool too
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