Vote to Cease Rebase of fLibero Token to increase price stability and token attractiveness

Dear fLibero Community,

In light of recent developments and after careful consideration, we are initiating a crucial vote regarding the future of the fLibero token. It has come to our attention that the rebase mechanism, while intended to enhance the token's stability and utility, also has an undesirable side effect.

The rebase mechanism, as currently implemented, has resulted in a continuous downward trend in the token's value. The reason is, while the quantity of tokens in each wallet increases with each rebase, the total tokens in liquidity also increase, with the same FTM amount in liquidity pair, this led to a downward value of the token gradually.

This trend undermines the attractiveness of the token to potential new investors, thereby impeding the growth and sustainability of our community. If we stop this rebase, nothing bad will happen to current holders, but for the new potential investors, fLibero will be more attractive because the price of fLibero may increase together with the FTM price in the new bull market.

Therefore, we propose to cease the rebase of the fLibero token indefinitely. By discontinuing the rebase mechanism, we aim to stabilize the token's value and restore confidence among our community members and attract more potential investors.

We highly value your feedback and want to hear your thoughts on the future direction of fLibero. We have outlined two options below and would appreciate your input on which path to pursue.

1/ Maintain the current status: This option involves keeping fLibero as it is and make token price go down further. 2/ Stop fLibero rebase: This option involves stoping fLibero rebase. By stopping the rebase mechanism, our objective is to stabilize the token's value and instill confidence in both our community members and attract potential investors.

To ensure fairness, we will conduct a voting process over 20 days based on your xfLibero holdings, where 1 xfLibero equals 1 vote. This allows all long-term holders, including those who may not frequently access our channels, an opportunity to be aware of this announcement and participate in the vote.

Your opinion is crucial to us, and we eagerly await your preference. Please take the time to vote and share any additional thoughts or suggestions you may have on our Telegram Group.

Following the conclusion of the voting period, the results will be tallied, and appropriate action will be taken based on the outcome. We remain committed to transparency and will provide regular updates throughout this process.

Thank you for your unwavering support.

Best regards, The fLibero Team