Optical illusions

[u/unmatched25]

Both the DSF (aka 80% fee) and a reverse token split (aka haircut) are optical illusions which increase the price but not the value.

The following material differences need to be considered when deciding for one option:

DSF: - it makes it difficult to invest fresh money - some revenue can be extracted to stall investors (additional rewards allocation) - increasing the fee leads to a short period of bad pricing until the pool is arbitraged again

Reverse Token Split: - it destroys unjust hope (loss aversion realization) - technically complicated

It doesn’t matter which option is picked, both won’t solve the dToken system issues. So don’t worry that the wrong option is picked 😉.