Hey what was shared about the recap token for NSBT

Bad idea. anything that uses market price in this case will effect in price manipulation. NSBT will get recked. if you want to do it right then apply flat rate of exchange the same for every NSBT. I mean cmon its obvious what will happen do you really want to destroy value of our possitions?

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05.06.2022

Hans Klepitko

Leo | Waves.Exchange
Hello. You can exchange the NSBT for recap tokens ...

For the first time, I'm truly surprised, that such a bad proposal comes out directly from the core team...

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05.06.2022

Leo | Waves.Exchange

Hans Klepitko
For the first time, I'm truly surprised, that such...

Let’s wait for official announcements

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05.06.2022

Il Poeta

Leo | Waves.Exchange
Let’s wait for official announcements

How can you expect the nsbt holders to sell their voting power in these conditions after locking fi years so much value, recap token will be manipulated if traded freely and we nsbt holders will lose it all

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05.06.2022

Yuri | WX Network

Il Poeta
How can you expect the nsbt holders to sell their ...

There is no need to draw hasty conclusions, the information is still at the stage of adoption and discussion, you need to wait for the official announcement to see the whole picture

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05.06.2022

Passive-But-Massive 🌊 (1 ➝ 2)

Leo | Waves.Exchange
Let’s wait for official announcements

in my opinion when it’s official it’s already too late. I think this is the perfect time to answer to our concerns not dodge it unless you want even more confusion and uncertainty

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05.06.2022

Yuri | WX Network

Passive-But-Massive 🌊 (1 ➝ 2)
in my opinion when it’s official it’s already too ...

Rest assured that we have collected all the feedback from the community and given it to the team, plus your forum article is open and under consideration, in our situation for all of us, the right decision would be to be patient and wait a bit

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05.06.2022

Passive-But-Massive 🌊 (1 ➝ 2)

Yuri | WX Network
Rest assured that we have collected all the feedba...

we are waiting but we are also providing alternatives.

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05.06.2022

Leo | Waves.Exchange · Accepted Answer

Leo | Waves.Exchange

Hello. You can exchange the NSBT for recap tokens at market value — meaning if NSBT is $20 and BR is at 0.5 — You would get 40 recap tokens for every NSBT you exchanged. You’re effectively getting the recap tokens at 50% discount, and once BR returned to >1 you could sell at the market rate. @YuriWavesCM thanks!

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05.06.2022

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Hey what was shared about the recap token for NSBT

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