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@Kitty4D on the B-Chain
just my adventures with the blockchain, web3, cryptocurrencies, and NFTs
Developer, Content Creator, Former Camgirl
aka @kitty4Do, $kitty4d
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Post by kitty4d

2022-06-09
• 6 days ago
so anyone think that when the price of deso is going up like it is right now, that it'd be smarter for the dao to close the funding round, take the money out and convert to USDC, and then transfer it back later? this is not financial advice, this is a question. i mean, you might think deso is staying up but nothing has happened to really cause it.. and you still have more money in funding than you had prior to deso going up.. right?
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deann4ik
2022-06-09
• 6 days ago
Yeah DeSo doesn’t have the cushion of DAU to remain up in price. These are just pumps and dumps
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kitty4D
2022-06-09
• 6 days ago
----continued from previous comment---> but it's just a question, i don't know if this makes sense or not. i assume everyone else for the most part is also trying to figure this stuff out. :)
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kitty4D
2022-06-09
• 6 days ago
yeah but right now it's up for sure $1 over where it had been for almost a week. since there's no reason to think it's going to stay here, and it's gambling with funds you might have a specific purpose for, to hope it pumps again - so it just seems like closing the round, moving it out to a stable coin, and then starting a new round would make sense IF your DAO is a fundraiser where you need to have a certain amount of USD in the end for your purpose. cause that kind of DAO, really has no purpose for a DAO coin, other than as a token to show you cared.
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