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.
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Replying to @FatManTerra
Agreed with the concept. We have a lot of motivated people that want their money back. I'm in. I'm sure that there will be a lot of good ideas on the technicals and the technology behind a DAO or other structure to fund litigation.
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Replying to @TatsuoYoshida0
I think a DAO is better so everything is transparent, invested parties can vote and have a fair say in legal decisions, and people from the larger crypto space can make a small profit while also helping out the voiceless and taking down a behemoth.
5:49 PM - 21 May 2022
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