KAVA? Any info on this matter from an admin? @cryptoswithcam
if I lose money on the HARD token, I will be the most avid campaigner against Kava. (((
Maybe an idea for someone who wanted to protect against the downside of a certain vesting token would be to: short sell the amount of tokens they have vesting and pay off the loan as they unlock?
He is then taking a big risk that the token price doesn't rise in that period, especially if the team were to announce some new tokenomics for hard and SWP that resulted in an increased price
We'll see. If he's vague with the statement or doesnt put one out, I think we all know what happens when they unlock those vesting tokens.
Until the recent market downturn after the FTX collapse the hard token had been very steady for a long time (not the case for SWP) I don't know what lies ahead but shorting an asset can be risky
Any usdx minted with hard if it went to 0 might add to the bad debt.
Unlikely, as the auction process would ensure that
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