@adamscochran This is the dumbest take I’ve seen. Sushi is a growth company paying a dividend to holders that then get market sold. Plz ser use some brain cells and realize a DeFi native project without vc backers needs to be able to fund r&d.
@jdorman81 $Sushi is like a year old… revenue is not a measure of maturity or stability.
Having large blocks of equity locked up to prevent dumps and preserve the integrity of long term building is why private companies vest equity for significant stakeholders.
@jdorman81 Price and Mkt cap drives developer interest which drives platform value drives TVL and create the flywheel. At the end of the day this is a product that has to build and harness network effects and platform value.
Early dumps can kill that momentum. There’s absolutely benefit.
@jdorman81 Well done! But a discount isn’t inherently counter to sushi community interest. There’s a world in which a discount for lockup makes sense. Funds get a (much smaller discount) while restricting ability to sell.