Secret Network (SCRT) Community

I've already explained my position. Most importantly, I believe that any network in Cosmos has no future because Cosmos itself is dying. Secret, in any form, has no future in Cosmos. Secondly, I believe that blaming only holders is extremely unfair. Existing SCRT holders do not receive new tokens from the mint. How it works according to the proposal: - Your current SCRT remains the same (your balance remains unchanged). - But the total supply is significantly increased by the new mint. - These new tokens are distributed only among: - A new entity (led by Lisa Loud) - Validators - Relayers - Builders - Hack victims (remediation) Regular SCRT holders (simple wallets, LPs, staked, etc.) receive nothing extra. Their share of the total supply is simply diluted (in this example, from 100% to 20%). This is dilution: old tokens remain, but their percentage of the overall pie drops sharply because a large pile of new tokens is created to finance the continuation of the network.