Let's mint the remaining 250m $Ease

Ideas
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Hey Angurius! Nice to see you on the forum :slightly_smiling_face: As always, thank you for expressing your opinion, it’s greatly appreciated!

My original position about the remint was supportive: Reminting the 250MM Burned $ARMOR Tokens into $EASE Max Supply - #7 by xaumana

I still view the matter from this angle.

The original Burn Proposal was intended to achieve the following:

Time showed that, since these tokens were not burned from the Circulating Supply, but from the Treasury, it didn’t improve tokenomics at all. The event looked good on paper, but these optics were either badly positioned in terms of marketing, or they simply weren’t picked up by the foreign audience.
It did, however, provide peace of mind to our native audience.

I expect that the Remint will have the reverse effects:

  • I suppose it won’t have an effect on the $Ease tokenomics;
  • I expect it won’t create any negative optics effect - it will actually fix the CoinGecko optics;
  • I expect it will negatively affect the peace of mind of our current adopters.

But I think the 250MM tokens should be reminted outside of the Circulating Supply, otherwise it will have an actual diluting effect on the current token economy.

I should point out that Adam’s (Official Telegram) viewpoint is different. He expressed the idea of permanently holding tokens forever. In this sense, all tokens currently in Treasury may be considered to be “dilution potential” yet to be released in the Circulating Supply. Thus, the Remint could be viewed as an increase of the dilution potential (although capped)… meaning, we include the function of time.

I agree with Adam, that Reminting those tokens to a locked address, making sure they’ll never be used, achieves the goal in the clearest way:

  • Locked address ensures tokens will never be used, so any sense of dilution is dispersed
  • It will clear the CoinGecko optics

I’m willing to support that idea.

However, it must be noted, reminting to a locked address sacrifices flexibility.

Summary

  • I support the idea of reminting the tokens to clear the CoinGecko optics.
  • I think it’s worth discussing reminting to a locked address.
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