Tax Proposal - Get voting!

It would have been nice to open the discussion before proposing a vote, rather than starting the vote and asking for voters.

For example, we could have voted on changing both taxes independently, but this choice doesnt figure in your proposal.

Either way thanks for taking the time to try to contribute.

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There is no requirement to discuss it with the 4 people that actually use this before proposing a vote.

Pre-migration we were told the goal was to get down to no tax and that tax was only being left in to be fair to those who have migrated, which was now a fair while ago. So without any explanation of where those tokens go now that there are no reflections, then surely having less or no tax is a good thing and makes the coin look less like a meme coin.

People are free to vote however they chose: change it, scrap it, leave it. I don’t believe there is enough community activity in BAM anymore to get anywhere near the quorum, so its all moot anyway.

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Well done on creating a proposal. The first one from the community itself. Good to see!

Going forward, it is proper to start conversations in DAO-Wide > Draft Proposal. This is a topic where everyone has an opinion and this should certainly be discussed before slipping a proposal within Snapshot. Not doing so robs other community members of their opportunity to speak up and share their thoughts—which is the opposite of the purpose of what we are building together. It matters not if we think people will weigh in with their thoughts, the opportunity should be given. If we truly want to begin going down the road of the nuance of “it’s not a requirement” we can begin to make everything a requirement. That’s not fun.

Having open conversations around the reduction of the tax is good. I’m likely leaning towards reducing the tax altogether. I don’t see how another incremental reduction of the tax would increase volume, but I could see volume picking up if the tax is completely removed. Thank you for wanting to take some initiative here.

“There is no requirement to discuss it with the 4 people that actually use this before proposing a vote.”

“I don’t believe there is enough community activity in BAM anymore to get anywhere near the quorum, so its all moot anyway.”

So your answer is to be passive aggressive and snarky about it instead of opening an honest dialogue?

There’s a phrase I love - “lead, follow, or get out of the way”. Everyone is free to choose - but you’d rather just express your frustration in a destructive rather than constructive way?

Josh said it very well. Let’s have an open an honest dialogue about it, instead of carrying the telegram attitude over into here. Building anything real takes time and engagement. Again - thank you for posting but let’s all be grown ups and try to lead by example.

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I was only passive aggressive in return to the passive aggressive response from Pandastronaut, but yes I should have not gone down that route.

People have said previously in response to community members complaining about something that “That’s what the DAO is for, propose a change”, so that’s what I did. At no point until now has anyone outlined an expectation that there is a conversation before anyone proposes anything.

Personally I think the tax should go now, so I made a proposal and what I considered some sensible alternatives. But you can’t win around here, you try to participate where no-one else is and get attitude because you didn’t discuss it first. No-one is doing anything in the community, so I took the initiative to make a proposal. I don’t see that as being destructive.

If there are rules to the DAO, then they need to be outlined. Don’t have people jump down other’s throats for not doing something that has not been stated as an expectation.

The fact of the matter that there is very little community engagement at the moment and while some of it is down to the bear market, I know from speaking to others that some of it and this is not a personal attack was down to the things said on TG by yourselves, accusations of toxicity to people just trying to find out what was going on with a token they invested their hard earned money in, etc. At the time it was very clear to some people who had been very active, that they were no longer welcome, so quite a few of us left. But I don’t want to dwell on the negative. I’m trying to move on from all of that, it’s in the past.

I just wanted to propose something on the DAO that I was led to believe was what the community should be doing.

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I am sorry if my response was perceived as passive agressive, this was not my intent.
All I meant to do was pointing out a flaw in your process while being respectful. The language barrier doesn’t make it trivial for me :slight_smile:

“You can’t win around here”

Yes you can! Rise above the fray :slight_smile:

“No-one is doing anything in the community”
Nobody? Every mod and admin is a member of this community. Every team member. I’m a member.

“Don’t have people jump down other’s throats for not doing something that has not been stated as an expectation.”
We’re not jumping down your throat, we’re asking you to be constructive.

We’re not here to set the rules for the DAO, we want the DAO to organically form. Conflict is natural and results in movement.

“that they were no longer welcome”
If someone is toxic, yep they aren’t welcome. Define toxic? Everyone has a varying opinion on that. But we have to draw lines somewhere.

“But I don’t want to dwell on the negative. I’m trying to move on from all of that, it’s in the past.” Awesome - I’m with you there :slight_smile: It is in the past. Focus on what you can control! There’s a lot that is out of our control. Macro happens, things happen.

“I just wanted to propose something on the DAO that I was led to believe was what the community should be doing.” And we appreciate you stepping up. This is how a DAO forms :slight_smile: But don’t think I’m not going to call out attitude!

And ask P-naut, when he messes up, I call him out too. And people call me out when I mess up. We’re only human.

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By the way - again I never want to discourage conversation - and I think this is an excellent topic. Share it in telegram! And yes - I want to vote on it (eventually)! I can’t force anyone to participate in the DAO, and it will shape over time. I want to remind people of perspective.

I sold Bitcoin at $3.40 - down 60%. I never believed it would hit $1000. Never believed it would hit $10K. Now it drops under $20k and everyone is saying the exact same things back when I sold it. “Tulips! Ponzi!”

A close associate of mine bought $10k of ETH at $.10. Hasn’t sold one. We’re not going anywhere.

So let’s talk about the tax, I have my ideas, and we need to consider that we need to fix the token/ticker misstep into this equation - but “you can lead a horse to water”…

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This vote does raise some excellent points. Why is tax still paid on transactions? Where does it go? What’s it used for? All very interesting.

As will all things Bamboo the way this seems to have touched a nerve with the powers that be is always amusing.

Bamboo/PinkPanda. “The thinnest skins in crypto.” Lol.

Sorry if this post offends the mods/CEO hope people asking questions or voting on a DAO hasn’t upset you.

Stay classy pandas.

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Probably should follow your own advice and “stay classy”.

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You must admit Im correct though dude? I know me and you have been talking about what you really think of the management team and mods. Don’t be getting all shy on me bro. You’re an OG so you must have lost even more on this project than I have right?

These questions are fine. Not touching a nerve at all. We will always be transparent on the things we feel like are good questions and we can share. Have been since day one.

Attitude touches nerves, not fair questions. Raise the level of discourse.

“Why is tax still paid on transactions?”

  1. Because we believe it should be a community DAO decision
  2. It also prevents bots from abuse until everything is 100% stable (see This post I just made )
  3. It discourages swing trading or HFT

“Where does it go?”
This wallet: 0xf8751C4894DBda59745185AD8D3aeD2923A13A84

“What’s it used for?”
Nothing at this point. It’s available for a number of purposes. I see it as 100% the DAO’s tokens to decide what to do with. There’s 887,306 in that wallet. They are $BAM until swapped for BNB or other liquidity.

PS losses are only incurred on a sale. Perhaps I’ve “lost” just as much as you hmm? Or - I haven’t realized much of loss through very many sales. That’s possible also.

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You got the wrong Michael. I have expressed how I feel about the team. They are the reason I am invested in this project. If I ever had any concerns I would ask respectfully, just like I do in real life.

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Sorry to put you on blast my friend. I’ll keep our chats just between us in future. Sorry for breaking your confidence. Just know that when you are brave enough. I’ve got your back brother.

Lol buddy, this is the first time I’ve ever spoken to you.

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Lol! I get you dude. Man you crack me up.

Oh well, nice experiment even if the quorum wasn’t reached.

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A good experiment nonetheless. IMO it’s not necessarily time to halt conversations around the tax, but the opposite. Now we can start discussions and put something to a vote that’s surely more likely to reach quorum.

Well done on taking the initiative. Just the start of conversation!

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