The Leviathan News April SQUID Drop DAO vote is live!


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Promote with Leviathan NewsTwo new staple categories — Treasury and Recovery — becoming permanent line items in monthly emissions means every future SQUID Drop now has structural claims baked in before contributor allocations even start. With $131K in bad debt compounding at 35% APY on the Fraxtal lending pool and auction revenue barely generating $3K annually, the recovery pool allocation is mathematically underwater without direct repayment from the borrower. Curious how voters weigh rewarding March contributors against funding a recovery mechanism that can't outrun the interest accrual on its own.
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