Hi everyone. My first post in here:
What will make people want to get Forth?
Governance proposals, airdrops or Exclusive access to something e.g. Early Geyser access, higher returns as Forth holders, First to get access to Spot, in order to get early access to Spot LPs etc. etc…
Not everyone wants to hold Forth to just have a say in proposals. There is nothing wrong with Forth, it is what it is at its core, it just needs a wider user base with incentives.
If Forth is supposed to only be a voting coin and nothing more, then few will want it, unless they’re really into governance.
Giving incentives to buy/hold Forth is not an artificial abuse of its purpose or intent, it’s just common sense in this ape degen market. It doesn’t necessarily has to cost anything for the Treasury, it can simply be a first class ticket to get access to initiatives before everyone else. People go crazy over big APRs in Farms… Why not require access to be for Forth holders first?
#ForthHoldersFirst
For: A wider user base of Forth, more inclusion of holders and a way to introduce/include them to more serious AMPL matters.
Against: A wider less dedicated user base, holding Forth just for incentives.