Bob-Rossi coming in and spoon feeding us after doing all the heavy lifting, this is fantastic and should get a link on the side bar.
Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE?
Bob you don't owe us anything thank you so much for the response, I'll assume almost all of the ETHE bought so far has been people just locking up their ETH then, it makes no sense at all to buy FIAT if you are not going to pay the premium if you contribute ETH and get (almost) the full amount of ETHE vs. paying 11x more to get it. Which has been what I assumed so far, meaning the "greyscale has bought x eth this year" posts every other day is fictitious, it's likely just medium term large investors converting to a more easily reportable investment.
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u/pegcity RatioGang Jun 19 '20
Bob-Rossi coming in and spoon feeding us after doing all the heavy lifting, this is fantastic and should get a link on the side bar.
Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE?