After monitoring Orcus Finance over the last many months, we are not pleased with what is happening.
We understand that Orcus Finance is a highly experimental project therefore having a failed product is not really an issue. Algorithmic stablecoin has not been really proven to work well. This is fine because it is better to try building than do nothing.
Our main reason behind this proposal is that Orcus team has disappeared from the community. After raising money from the community, this is such an unethical thing to do.
You can also find the community discussion about Orcus on this thread.
What they have done is not aligned with our core values; Product + Ethics.
If you are reading this post, please share your thoughts. I will start the voting poll next Monday. Forum users with Trust Level 2 and above will be able to vote.
This is a good initiative, I will support delisting.
Dapp staking is intended to live constantly.
Orcus has unfortunately failed to deliver its promises, then delisting becomes obvious and should be applied soon.
Of course, project team can still get back to work and a new vote can onboard them again if some positive progress is noted in the future.
I support this proposal. I tried contacting them many times asking for a roadmap since Starlay voting and I got a late response many weeks later. They made a few Twitter posts and then disappeared again.