Simple calculations for how much to redeem FEI and Tribe holders and undo genesis!

[mmoossttaaffaa]

I did these calculations after reading this topic

Redeem Tribe + Fei at Genesis ETH Amount

I’ve put forth a lot of proposals. I’ve invested dozens of hours into discussion about the protocol with the community. Proposal 1 & 2 as presented by Fei team are untenable, because it promises up to 100% of PCV to redeem FEI at $1. Any redemption window we offer is a chance to raid more PCV, because as the price movements of ETH fluctuate, whales can short or long ETH against FEI to drain supply. All of those price swings in ETH open up more supply to be drained. In fact, even if you force p…