Don’t accommodate the sellers but give them a reason to hold onto their fei and tribe tokens.
We are focussing on fixing the symptoms and not addressing the root cause. The main root cause is the valuation of the Tribe tokens. $1.3B were raised but only 30% were preswaped to Tribe. At the moment tribe has very little value to the speculators; however, many preswapped investors are really upset since tribe is only at $2. The original Tribe FDV/PCV and circulating /PCV approximates tribe value to be $3.32. May I suggest that you open up the war chest of ETH and start buying Tribe tokes until it goes to $4.65 (this is assumption of 50% preswap at $1.3B calculation)? When Tribe goes up, people will keep tribe and fei tokens to provide liquidity to get more tribe tokens. Give the speculators a good reasons to keep their fei and tribe tokens. Please don’t accommodate the sellers, we want to encourage the hodlers.