TIP-121: Proposal for the future of the Tribe DAO

The only chapter heading in DeFi textbooks this ‘historic’ event will ever have a legitimate claim to will file under “Malicious practices in the early days of DAOs”, or similar. It will in any case serve as a great case study of how not to run a community and what not to do in DeFi governance

Please explain the ‘courage’ in skimming customers, early backers and retail investors for personal gain. There is no “chapter 7”-equivalent liquidation in the world worth its salt that has the means to fully reimburse its stakeholders (customers, debtors & shareholders) that is not legally, ethically and/or morally compelled to do so. Not a single court ruling

But where everyone else sees fraud, I’m curious to hear how you see courage

Use as many bullet points, bolded letters and ‘thank you’ notes as you like

Show me the courage @rleshner. Oh and thank you