I hereby propose to delist Starlay from dApp staking.
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Starlay is an incubated projects but they have performed very badly.
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We all know they are simply a scam. They raised public’s money and then put 3 digit liquidity.
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Token price dumped >95% on the first hours. Even meme projects are adding more liquididy than this. So, we were all puzzled at why Starlay did this.
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And then, they requested a huge amount of ASTR from the treasury to support the liquidity (you can find the proposal on this forum). They won the vote with a slight majority but the buyback and liquidity provision was only there to create speculation. Some people bought low and sold the pump. This was a waste of treasury’s money. Astar removed the LP at a significant loss. To me, this is not a good way to spend.the treasury’s money.
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After almost 2 years of their existence, they have no community. Check their forum, there are probably only 2-3 people talking. This is very sad considering Starlay is an incubated project.
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Time has proven that they can’t do anything. Their social media is also empty.
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Moreover, I read the article released by Kagla (which is also Starlay), saying that they are running out of funds. They have been receiving dApp staking rewards and still running out of funds? So, what is the point? Are they really bad at money management? This is not the kind of builder we want.
I would love the hear the opinion of others. Thanks for reading this proposal and please open the vote.