CREAM lenders are at the mercy of . He has all of the locked FTT supply, tokens which would be worthless if allowed to float on the market. Now they're collateral for borrowing tokens with real value. If FTT crashes, Sam'll be laughing all the way to the bank, man.
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perhaps not, but we're discounting the temporal dimension - it could just re-pump later. meanwhile you've acquired tokens with actual value at bargain basement prices with treasury supply that would otherwise have a far greater than 50% impact on FTT's price if sold on market
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if anyone has a ton of FTT they're willing to sell at 50% of current prices, I'm happy to buy it all
as it turns out you're wrong here--the otc market for FTT is fairly liquid at very large sizes if you try hard, I think the impact of that notional would be more like 10%.
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