Voted Nay as I believe HDX to be a better hodl value than DOT for POL.
If we feel the need to diversify into assets with less upside (DOT), I would rather do it at market price via DCA or OTC than give away precious HDX at a discount.
Alternatively, set a ceiling and wait for whales to break it. Once the ceiling starts getting thin, people get excited and FOMO.
Selling HDX now (and at a discount) is betting that HDX appreciates in value slower than DOT. Does anyone believe this?
Am I missing something? Is there an important vote coming up that we need DOT for? Why not distribute the HDX more fairly over a longer time period?
Additionally, these bond sales: