Please discuss the ReserveDAO proposal here.
Is ReserveDAO a ponzi?
No. It will not be a ponzi if launched.
We are speaking with WY attorneys on the 23rd to get the rules for a WY DAO. We have a relationship with an SEC qualified custodian that could even hold the DAOs tokens, administer voting, etc. Whatever it turns out to be it will be 100% predicated on the holders judgement. The key imo is making sure the emissions don’t exceed growth, but that will be up to the DAO to try and balance.