Which Tokens in/out of ETP and Weighting Ideas

Was told to put this here. Keep reposting it and simmering it down, but my ideas for the ETP:

  1. Each of the 20 should get an up/down vote on inclusion and under a certain percent, should get booted (say 25%);
  2. The weighting for the ETP should be based on the strength of conviction in that up/down vote as a more democratic weighting process instead of market cap to really embody the WSB Dapp ideals; and
  3. If somebody does strongly believe in a coin that is not in the 20 list, they should be required to make an actual post describing their coin and why they think it should be included and pay X amount of WSB for it to be included.
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  1. Originally we started with 50. Users picked 20, and we went with those results. We will need to see if we can add this functionality to snapshot our DAO software. I think this is a really good feature request, and snapshot ensures it’s tokens used for voting.
  2. We could have a vote where we disregard the ETP methodology, and go full on with users, yes. I think this will be a really good idea (although I don’t take opinion here) to establish the second ETP.
  3. The initial 20 is one “portfolio”, as a base. There can be an ETP 2,3,4. The first ETP the team tried to be conservative and have a strong methodology. So if another one is established they can compete, and be analyzed. I hope this helps.
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