POPA ReconCAP sales problem, cartoon explanation to help understanding
CAP sales problem, cartoon explanation to help understanding 1. 'Stabledrop' was just a grandiose statement, but in the end, it was nothing more than selling Daedong River water by selling it at a price of 100M tokens and using that money to distribute to depositors. 2. The plan didn't go as planned due to a 'mistake' he admitted, but why? All the damage is absorbed by the depositor, and the project actually sells only 5% of the tokens, which would have sold 10% originally, so there are tokens left and it is easy to defend the price. The structure is such that only the resulting deposits suf…
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