You are saying is flawed just because you want it to be, but I have to disagree, you don't hold BTCRED, but you are fudding, you are trying at all cost to make people think the same as you and kill the project just so you can look good, I'm sorry to tell you, but you aren't god, no matter what you think =)
You didn't succes, BTCRED is still as strong and going up, and it depends in the BTCRED comunity whats good for them and what will happen from now on, you informed them, good, if they are okay with it you shouldn't fud and insult then, just let it go and keep going, right now all I see is a child throwing a rage.
I'm saying it's flawed because it's an exact cut and paste of the flawed eBTC code. This is acknolwedged by your dev.
https://twitter.com/BitcoinRed1/status/937444702806265861