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FatManTerra's profile
FatMan
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@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. FatMan‏ @FatManTerra May 21

      What does the community feel about a massive decentralized legal fund war chest (raised by issuing governance tokens) to help UST victims seek restitution against TFL via a class action filed in Singapore? Token holders vote on major decisions and are rewarded if the case wins.

      60 replies 35 retweets 169 likes
      Show this thread
    2. FatMan‏ @FatManTerra May 21

      Give me your thoughts and opinions! This is an avenue we are absolutely considering due to popular demand and I want to hear what you think. (The main reason is normal litigation financing wants 4x to 10x their legal costs while this would only be 1.5x to 2x.)

      28 replies 11 retweets 105 likes
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    3. This Tweet is unavailable.
      FatMan‏ @FatManTerra May 21
      Replying to @nerd_destr0yer

      UST holders would *not* be expected to contribute - in fact, I would actively discourage them from doing so. They've lost more than enough. This would basically be a raise from outside capital as a decentralized alternative to traditional litigation financing which is predatory.

      5:44 PM - 21 May 2022
      • 11 Likes
      • Grant 🔶🔺🎩🌖👻🥞🌸🇵🇭 Sir CRypTO TOUGH_HODLOR jmo 🌱 DevotchkaCrypto himanshu tjrick moonsun Özgür
      0 replies 0 retweets 11 likes

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