The proposal is brilliant. Just stating that they are buying drove speculators to close the gap. In the end, they will spend even less than anticipated!
WNXN sitting at .0198 now from a high of .021 on Saturday... there is still a potential 16% to 0.023 - why do you think is that?
Another question related to finding similar asymmetric bets: is watching DeFi projects proposals a good way to stay on top of things and find opportunities (do you think of checking regularly as a process), or was this pure luck as you were researching NXM?
This is great content, v impressive all round
Congrats on the trade
The proposal is brilliant. Just stating that they are buying drove speculators to close the gap. In the end, they will spend even less than anticipated!
WNXN sitting at .0198 now from a high of .021 on Saturday... there is still a potential 16% to 0.023 - why do you think is that?
Another question related to finding similar asymmetric bets: is watching DeFi projects proposals a good way to stay on top of things and find opportunities (do you think of checking regularly as a process), or was this pure luck as you were researching NXM?
Can you expand on why WNXM was trading below NXM? I thought "liquidity premium" meant more illiquid assets traded at a discount, not premium
Looks like the proposal was rejected - https://app.nexusmutual.io/governance/view?proposalId=159
Thoughts?