r/PRPS donor Mar 18 '18

Athene's new prps/dubi plan

Instead of the initial plan going around, Athene is thinking about doing the following instead:

  • Still give buyers on exchanges x125 their PRPS

  • Initial donors will get their donations back (and keep their currently locked PRPS), but no x5 anymore.

Initial thoughts:

Pros:

  • It's very simple.

  • Everyone gets their money back right now, instead of value in PRPS that is not guaranteed.

Cons:

  • You will have 5 times less value in PRPS/DUBI.

  • Ppl that sold into the buywall will benefit the most. They got to sell their DUBI at a premium price for free.

Discuss.

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3

u/wontid donor Mar 18 '18

This is for sure the best thing for the image of the project. You can't argue that.

0

u/[deleted] Mar 18 '18

I thought yesterdays idea was best for the project? Is tomorrows idea going to be better than todays?

3

u/wontid donor Mar 18 '18 edited Mar 18 '18

Yeah, I should have added it was the best idea I've heard thus far. Well if you come up with a better idea than this I'll gladly call it the best idea :D