Not signed off yet, but as Option 1 looked to work well (sell pressure at the start, not much at the end), the team will probably move ahead with sending custody of RSR back to their owners. (Decision at least will be made this month). The alternative is the managed Option 1 route can continue, but it's probably less likely
Mainnet Launch not possible this month?
Wait is this an option? I didn't think removing the managed selling was on the table. If so, that changes my plans quite a bit. When will we have clarity on this?
Indeed. It's been described on the Reserve website under the Option 1 explanation (https://reserve.org/protocol/rsr_release_schedule/#main-content). Important to note is that all Option 1 participants signed off on the ability for Reserve to prolong the restrictions indefinitely in the case that there would be significant selling demand after the 6-month period.
Got it, thanks. So we find out at the end of July if the restrictions will be prolonged or not?
Seems like reserve has some diamond hand investors
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