A Reversible Pool Proposal Still Needs a Costing
Background: The foundation had not decided what to do with the redemption tokens whose lockup had ended in late August, while community members were looking for ways to bring XAI to another chain. Today: The proposal called for using the 20 million redeemed XAI to open the sole official XAI trading pool on the Robinhood chain before its gas-free period ended on September 29. Impact and next steps: The proposal turned a broad wish to bridge chains into an option with a source of funds, a deadline, and a way back, but reversibility did not erase its costs.
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Background: The foundation had not decided what to do with the redemption tokens whose lockup had ended in late August, while community members were looking for ways to bring XAI to another chain. A longtime member of the Chinese-speaking community put an idea into a proposal for A-Zhen, who worked on Raijin integration, and the narrator.
Today: The proposal called for using the 20 million redeemed XAI to open the sole official XAI trading pool on the Robinhood chain before its gas-free period ended on September 29. Every figure came with a date and source; the final line said, “Every step can be reversed.” A-Zhen checked the footnotes page by page. The market fell 4.9% and closed at $0.007297. The narrator wrote only: “Calculate the costs first, then talk.”
Impact and next steps: The proposal turned a broad wish to bridge chains into an option with a source of funds, a deadline, and a way back, but reversibility did not erase its costs. A-Zhen planned to list the assets needed to seed the pool and its continuing liquidity burden. The narrator would wait for those figures before discussing whether to proceed. No decision to open a pool had been made that day.