@sovereignllama
The first LP position listed on the LP marketplace.
Its owner decided to list at a large premium.
Here are some some things to consider on this decision:
Sovereign LP position are priced on its principle, scarcity, and current and future cashflows. This NFT is 5.33% of the entire pool and will continue to collect its share of the fees so with enough volumes it will actually become worth the 300,000 GOR.
Now I do believe that someone will actually buy it before it reaches that because of its scarcity and future cashflows making the sovereign sell at a premium.
On the process, the protocol only charges to mint the nft meaning anything after belongs to its owner.
https://sovereign.wastemanagement.wtf/
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