Post Launch Peg Discussion

love this. Community is what we’re all about.

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I would value some insight from this community. Over the last 12 hours, the Team and many others have flipped from being outright supporters of the $1 buyout to moving more towards the No Change camp.

I monitored the discourse carefully, and noticed that the shift occurred when Joey shared data that showed that larger ETH contributors pre-swapped much lower %'s, and in fact the Tribe holders are mostly smaller investors. Hence the instinct to vote for FEI bailout flipped to No Change and protecting Tribe holders.

Is this how projects are run in crypto…that decisions on the future of the project are made based on which group of investors to “protect”?

Thanks for your insights.