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So actually FRAX and others are getting next to nothing?

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Yes they’re entirely stealing from us. We won’t let this stand.

Kristof
How much at risk?

We lost 13m FRAX to FEI/Rari as I highlighted in my thread. They have the ability to repay everyone and redeem all FEI at peg and still distribute many many millions to TRIBE holders. But they're deciding to repay FRAX and Olympus 3% of their lost earnings and keep the remaining $20m for themselves to distribute out to the team+TRIBE for no reason other than they think they can get away with it. https://twitter.com/samkazemian/status/1560922661387001856

Sam Kazemian ¤⛓️¤
We lost 13m FRAX to FEI/Rari as I highlighted in m...

Seems like such a small amount of money to completely trash your reputation and ability to work with (the non Sifu-type) builders.

Sam Kazemian ¤⛓️¤
That's what I thought too. I don't understand this...

I don’t think the answers like with Joey or jay, I think we need to hear answers form a16z

Sam Kazemian ¤⛓️¤
That's what I thought too. I don't understand this...

I suspect the VCs are behind all this, trying to milk what they can

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