Hard agree. No sense polling here.
There were assumptions made about the demand for redemptions when finalising the RAMM parameters, and most of those assumptions put forward by the team included VCs being long term aligned.
One of, if not the, biggest VC NXM holder is now redeeming. At least in part, and we’d have to assume in whole. The foundation needn’t comment on individual redemptions, that’s fair enough.
But can we get some comment on how this changes the underlying assumptions about redemption demand, and how the RAMM parameters as they’re currently set will handle that?
Thanks