Let me state this upfront so that comments from Wallfacer people in the future can hopefully be understood from a different perspective:
Wallfacer Labs has NO intention of making another large funding proposal to TrueFi. For all intents and purposes, we are DONE as a major contributor to the protocol and are content with this outcome.
At the same time, I’ve worked on TrueFi since Day 0, before it even had a name or was what it is today. Myself and many people who work at Wallfacer have a deep sense of loyalty and care for the protocol. I imagine the same is true for people like Raf (TrueFi’s original founder) who—even though he has stepped away from the day-to-day operations of the protocol—felt the need to get reactivated as a result of Teragon’s proposal.
Contrary to all of Teragon team’s lazy ad hominem attacks, there is no conspiracy to cancel their proposal so that Wallfacer can make a new one. None of our pushback to the Teragon proposal was due to us intending to make another core contributor proposal of our own.
As it stands today, the only exception is IF WE ARE ASKED, we will happily serve the DAO and take on a significantly smaller, stopgap proposal so that existing managers can continue their work uninterrupted and we can hand over all of our knowledge and know-how to a new team, along the lines of what Foundation Director Nathan proposed below.
Our pushback to the Teragon proposal was due to the fact that is not was not of value to the DAO,
You even said “I voted yes for cancel fwiw”
A board director with undisclosed connections to the group making a proposal cannot be considered a “voice of reason.” This violates a fundamental principle of governance, as any basic course on board directorship would emphasize.
While I’m not explicitly advocating for this, I believe other forums (I think Gitcoin) have implemented reputation-based systems for weighing in on important decisions. It’s actually impossible to have a serious conversation when most perspectives come from brand new accounts with zero reputation. This doesn’t mean you need to have been a forum member for as long as myself or others, but some proof of reputation from another forum or even a Twitter account would be productive. For all we know, you might work at Bastion, you might work for a competitor (and are trying to create chaos), or you might be a 100% well-intentioned person—we simply can’t tell. Tools like a Gitcoin passport are useful in situations like this.