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Thomas pfp
Thomas
@aviationdoctor.eth
Would the EF sale FUD fade away if the EF sold against a deterministic schedule? E.g., sell a constant amount of ETH every day, in an exit-DCA kind of way? And preferably through DEXes before off-ramping a stablecoin through a CEX? I’m sure people would find other ways to FUD, but what are arguments against this?
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evmlion pfp
evmlion
@evmlion.eth
They have limited resources. It makes sense to sell while price is high. Also lately they were restricted with the ETF/commodity decision coming up
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Benido
@benido
Systematic sell pressure from the creators of deflationary money… I guess the memes write themselves at that point. Which doesn’t mean it’s better or worse (now the meme is „EF marks/ sells top again“), just that this would 100% happen.
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Dinesh Raju
@dinesh.eth
Yeah it's baffling why they don't do this. It's clear that the Ethereum ethos is strongly against opaqueness, centralization and CEXs. Not sure why EF doesn't set the example at the highest level in their own affairs
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
Anything providing more transparency would be an improvement. I like the idea of scheduled sells and especially like the idea of doing it onchain. I could see daily being difficult if tx fees ever return to pre-blob levels though, but some kind of regular cadence in smaller chunks would be nice.
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wolf pfp
wolf
@warcin
imo, it's a way to go. Totally with eric on this one https://x.com/econoar/status/1827351104348418138
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abrikos 🎩 pfp
abrikos 🎩
@abrikos
100 $degen
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