[RFC]: Investing the Mutuals Assets

think it could make sense re-considering to deploy some of the protocols eth to buyback wNXM below book value… if i calculate correctly book value is around 0,023 eth and right now its trading at 0,014 eth…

0,023/0,014 = 64% upside to book value

to reduce tech implementation couldn’t we create a proposal for a “buyback fund” similarly structured as community fund, that gets send a small portion of protocols eth and burns it…

The technical implementation is more on the side of making the purchase and what we do with it after. Not with where the funds come from

2 Likes