[PASSED] BIP-9: $BIT Purchase Program

[RJ]

The idea is awesome, but I got some viewpoint for why not do this.

According to the article is too long, I reopen a proposal page here.

[ARCHIVED] Why Liquidity Staking NFT is better than repurchase and burn?

Why Liquidity Staking NFT is better than repurchase and burn? Recently the cateatpeanut and Windranger Labs have proposed a Bit purchase program soft proposal. Please see soft proposal 1995 Recap The proposal with the BitDAO Treasury can spend some funds to repurchase the $BIT from publicly available secondary markets and explore the possibility to burn of $BITstarted from 2022 June 1st. Why Burning is not a good idea? An alternative proposal? The idea of purchasing and burning $BIT is fantas…