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Elie
@elie
This conversation ended with: Well there’s an arbitrage opportunity to turn 3eth into 7eth. But gami won’t take it himself. Strange. Sounds like there isn’t a straight up arb then 🤷♂️ My tip to nouns dao. If you can turn 3eth into 7eth do it, then rebuy nouns cheaper. It’s free money. And if you’re not doing it then stop pretending there’s an arbitrage. We have different definitions of the word then. You should also be using that $17m in DAO funds and buying 3eth nouns that are worth 7eth. Incredible that someone could write an article called arb game. And not take the arb themselves. Says a lot about the makeup of nouns dao members. I hate to be rude, but “arrogant” and “economically illiterate” are the terms that spring to mind.
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Gami ⌐◨-◨
@gami
I didn't write the article Also, you might wanna check your tip to nouns dao The arb is difference between "auction value" and "book value" Book value is treasury divided by nouns supply. As in, what share of treasury each noun accounts for You can currently get a noun for 3 eth, but treasury divided by circulating nouns is 7 eth The arb can only be captured by forking. Numerous forks like this have already happened, and the arbers made a lot of money I'm assuming you're trolling me at this point, because I know you're a successful open source saas entrepreneur, and are smart enough This entire thread began because you stated there "should be a clear arbitrage if they’d just vote to release the funds to holders" and there is, but it's not a quick turnaround (could be if protocol updated via gov) I've mostly been helpful, but you're obviously just engagement farming the channel, and perhaps have a problem with @lucanetz wanting to include ⌐◨-◨ at walmart? https://warpcast.com/elie/0x749fd1e2
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SQX 🎩 ⌐◨-◨ 🧾🍖
@sqx
You seem enjoyable. Study the arb a bit more. Your fax are all wrong. If your gonna come in hot. At least know the details.
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Gami ⌐◨-◨
@gami
btw, "it's free money" proves you're yet to grok this. it's not free money. it's literally taking from the treasury lmao.
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Crypto Guy
@rgalvan
There are a lot of scammers doing the same. They invites you to arbitrage some unknown CEX, then ask you money to get your money back and guess what? You won’t see your money again. New day, same shit! 💩
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PulseMaster
@pintolpfq9h
Sometimes opportunities aren't as straightforward as they seem. Maybe Gami knows something we don't. If turning 3eth into 7eth was guaranteed, everyone would be doing it. Let's be cautious and understand the full picture before calling others out. The crypto space needs more collaboration, not division.
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