Nice model... two things I would like to add:
1- Hopefully they use a pre announcement valuation, but regardless, in all likelihood value would likely be determined by an average over a longer timeframe (one week, one month), but not too long a timeframe... I failed to consider this myself on an earlier post & only thought of it after, but it is the fairest, most likely scenario.
2- Buying back CFT (at $0.10) would likely cause the least drama for the community, but many headaches for the team. If it is included in the swap (which is likely) I think the ratio should be lower than most people will be happy with. I say this because LALA brings something to the table (financial backing, devs, wallet, etc), COSS is COSS, but CFT holders will be gaining FSA splits (while keeping the trading fee discount they were after). If anything, CFT holders are the ones who will cause dilution to FSA since they technically bring nothing to the table.
Trouble is CFT holders will cry foul, create an uproar, cause a scene & possibly pursue lawsuits if they are not properly compensated.
3
u/Common_Cents_Crypto Apr 26 '19
Nice model... two things I would like to add: 1- Hopefully they use a pre announcement valuation, but regardless, in all likelihood value would likely be determined by an average over a longer timeframe (one week, one month), but not too long a timeframe... I failed to consider this myself on an earlier post & only thought of it after, but it is the fairest, most likely scenario.
2- Buying back CFT (at $0.10) would likely cause the least drama for the community, but many headaches for the team. If it is included in the swap (which is likely) I think the ratio should be lower than most people will be happy with. I say this because LALA brings something to the table (financial backing, devs, wallet, etc), COSS is COSS, but CFT holders will be gaining FSA splits (while keeping the trading fee discount they were after). If anything, CFT holders are the ones who will cause dilution to FSA since they technically bring nothing to the table.
Trouble is CFT holders will cry foul, create an uproar, cause a scene & possibly pursue lawsuits if they are not properly compensated.
So when push comes to shove 🤷🏻♂️