Dear Kappy, dear IF,
At TangleSwap we deem the continued development & funding of the IOTA ecosystem to be a cornerstone in our pursuit of becoming one of the most adopted DLTs out there. Against this background, we stand by our recently voiced opinion to vote in favor of a token supply increase.
As the token supply is not only a matter of high importance, but has also stirred quite a bit of interesting discussion within the community, we would like to bring back up the TangleSwap proposal that was made in the original blog post: [Discussion] Proposal to Increase the Shimmer supply for a Community Treasury - #14 by Odin_TangleSwap
TLDR on our proposal: in order to maximize the benefits of a SMR token supply increase for SMR holders, we proposed requiring projects incubated by the additional funding to airdrop a certain amount of their token supply to SMR holders.
As the single most upvoted comment of the original thread, we deem it fair to say that this slight adjustment has found an astounding amount of community support. While it’s not entirely clear to us why this proposal was neither commented on nor picked up in this official follow-up, we do believe there’s plenty of time over the next 7 days to include such an adjustment, given the level of community support that it raised in the original governance proposal. Allowing the broader community to not only indirectly but directly reap the benefits of the token supply increase alleviates most of the existing inhibitions that can be felt throughout the ecosystem, and should thus truly contribute to giving this proposal widespread acceptance throughout our diverse and vibrant IOTA community. Looking forward to your thoughts.
The TangleSwap Crew