Can you shed some light how comes you are only interested in DNS.
And buying it after launch does not explain it at all. You are interested in distribution that does not make sense if you just bought your DNS on the exchange?
Just want to understand the situation.
thanks!
I am not only interested in DNS. But I am especially interested in DNS because I maintain (good old) nameservers for quite some time now and was very enthusiastic about the project. As I started to dig into the project and set up my first delegate I also invested a larger amount in DNS, which was quite a lot for me. The project had the endorsement of BM and had toast as dev lead. As I also wanted to get involved it just seemed logical to do so.
As you might know, there is not much left of that investment. You don't have to quote any rules of investing to me. I know how it works.
I would never complain about the recent BTS price for example, because that's just how markets work.
But the way DNS's price was crushed is different. Everybody agreed to that. As a result BM told everyone that DNS holders will be 'made whole'.
If you then check your sharedrop ratio and realize that's not true and nobody even bothered to tell, that just feels wrong.
The announcement was that the compensation will be paid to the individual address with claimed pre announcement balance.
Later on there was also the idea to pay the exchanges some to also compensate them.
This just shifted to we gave most of it to the exchanges without (explicitly) telling anyone.
Instead of just complaining I try to understand why this turned out so different than announced . Hence the question.
I am trying to come up with a fix myself. Haven't found one, yet. But I now understand (in parts) why it was right to shift the funds to btc38/the exchanges.
Did that help to break out of the loop? If not, let me know I don't want to leave your brain in uncomfortable loops