To bring the thread back to a more concrete discussion. What are thoughts about the updated proposal from DragonFly?
Does the community care more about the lock up or maximal sale price?
Based on the current vote results: Snapshot
It looks like the proposal will not pass. Now, we will wait til Monday and open a new vote. This will be a traditional 7 day vote structure to allow everyone to chime in. This puts us at August 1st + time to close on the final outcomes.
In the past 7 days, LDO has gone from $1.32 > $1.51 at this time (14% difference). With a max of $1.78 (34% difference). The same may happen over the next 7 days and if other buyers are still interested they will renegotiate the terms based on data at the time. Hopefully LDO goes to $10 and I am an idiot. Now that everything is fully public and open, anyone on the market can manipulate the price, keeps things spicy.
So that being said, what does everyone think the new terms of the proposal should be?
- Spot with Lockup?
- Premium with no lockup?
- How much premium?
- Whitelist? Are certain investors not allowed to participate?
Let’s focus on how to move this proposal forward please.