four years, right? To compensate FXS holders, perhaps 30% of FPIS controlled by FXS could be allocated to FXS holders
at least a form of compensation
No at 100% diluition, there re only 27m fpis in circulation not 100m
The uncirculated parts will not be converted to FXS?
I don't think so if I understand correctly
yes, max it's in the 20's
Even so, do veFXS holders have the right to allocate the portion previously reserved for them?
What portion?
It says FXS holder have a total 30% of FPIS
I think they will be burned, if you mean that a flash proposal can be made to distribute them, yes it is possible, but it wouldn't pass
Don’t think there’s really scope for us to oppose it
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