With the mBTC and mDOT asset weights being modified to 0.01, what incentive is there for people to mint and trade crypto on Mirror versus the plethora of other platforms available? The crypto asset weights were already less than stocks at 0.3 vs 1 and with people having no incentive to trade these assets on Mirror, it makes Mirror an overall less attractive platform and hands over trades and trading fees to other networks.
Should the mETH proposal fail, and I think it will, I propose we re-establish the asset weights of mDOT and mBTC back to 0.3 in line with mETH.
The account that made these proposals (in addition to the scam proposal 177 to steal 5% of community tokens) is currently providing liquidity for large amounts of gold, silver, and stocks, (approx $500k+?) and based on their bad faith in poll 177, it is reasonable to assume they are also pushing these polls for selfish purposes rather than the interest of the whole community.