
Nic Not Null
205 posts

Nic Not Null
@NicNotNull
Indie hacker bootstrapped 🚀 | SaaS & side projects | Building in public | Vibe Coder | Building: FACTIBO






I see 4 possible outcomes to this controversy: 1) Resolve to Yes > Goes against their market, their rules and many posts made by the team > Would cause an uproar and controversy on the timeline > Keeps whales happy. Alpha1 has bought $380k additional shares in the past 6 hours. Top 2 holders each risking $850k+ to make $850. Losing them is bad for the platform 2) They cancel the market > Requires refunding fees > Refunding traders? > Boring 3) They resolve it to 50/50 > Yes holders take a 50% loss > No holders get a 50x 4) Resolve to No > 98x, I buy my dream Porsche on the spot 1/4 loss 1/4 neutral 2/4 pay 50x to 98x, good r/r for me





I don't see how @predictdotfun can resolve this as YES without undermining their entire exchange In an interview with the Lighter founder when asked if the token will have governance rights (in Russian, so bare with me): "At first no. Then in the future, because it seems to me that many projects in recent years, on the contrary, have been too much on this, as it were, but in reality this has complicated their decision-making. That is, it seems to me that more is better as a kind of utility for traders, but then maybe, as if when the project becomes even larger, and we will actually need to make governance more, as if distributive, decentralized, when there will be a decentralized sequencer and so on. This could happen within 2 years. That is at some point it will make sense, but I think doing it too early doesn't make sense because it will only slow down progress." TLDR: It's not a governance token So now you have a situation where: > The question and rules clearly state it has to be a governance token > Team was asked several times if governance matters, which they confirmed YES it does > @dingalingts previously said "if you believe it's not a governance token, buy no" > Certain team members have deleted messages (Not Dingaling), which were screenshotted










