Liquidity: Add $MTRS1 Supply or Reduce Membership Threshold?

What’s up tribe?

During Art Basel, $MTR blew up - so much so that we are literally sold out of all of our tokens and people who want to join have no way of purchasing the token because there is essentially no supply!

While this is an amazing dilemma to be in that speaks to the quality of this community, it limits our ability to grow.

There are two options for how we can proceed, the first is that we reduce the thresholds for membership to incentivize members to sell excess tokens. I personally don’t like this approach because this community has been there since day one and I believe long term these tokens could be worth way more, when that day comes we want to make sure earliest members are amply rewarded by having all their initial tokens.

The other, more favorable option is that we release a limited amount of tokens from our DAO’s treasury. Currently, we have ~30k tokens in circulation of which ~70k are total allowable supply. I’d like to consider adding 10,000+ tokens of that remaining supply which would allow approximately 50+ new members to join.

By adding supply slowly we ensure not to flood market, while allowing current members to hold their tokens and ensuring the community can grow and flourish.

I’d like to proceed with option 2 following our Season Finale on 12.12.21 to keep momentum.

If anyone has any other ideas or objections, please share with group and we can discuss and come to final agreement.