elefsaria sama (0xalthea.base.eth)

elefsaria sama

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Thinking of Skipping the @aztecnetwork Sale, And Why the Hesitation? There are a bunch of points causing huge doubts right now: • Large Sale Allocation: 15\% of the total supply is being offered for sale. • Initial Long Vesting: The initial lock-up is 12 months (or 90 days after a successful governance vote). • Uncertain FDV: No fixed Fully Diluted Valuation (FDV); the starting point is 350 Million Dollars. • KYC Undermining Privacy: The sale requires ZKPassport verification (a real drawback for a privacy project). • No Community Allocation: No airdrop for the community, not even for node runners. The main concern right now revolves around that initial 12-month lock-up period. Speculation suggests the team and investors won't have governance access during that window, making it highly likely the lock-up will be quickly reduced to 3 months via a vote. What's your take on this? Are you planning to deposit? What's your take on the risks and potential rewards?

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monad chain user is attempting to find entertainment, while, conversely, some clever individuals are taking advantage of the situation to printing money.

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