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Fun one: $OBOL 'DAO' removed the investor vesting cliff replacing lockups with 'voluntary commitments to hold

CN
Ignas | DeFi Research
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6 hours ago
AI summarizes in 5 seconds.

Fun one: $OBOL 'DAO' removed the investor vesting cliff replacing lockups with 'voluntary commitments to hold.'

A ~33% unlock was ~1 week away before the decision.

They cited a Pantera conviction thesis as the proof of conviction.

But Pantera's allocation got consolidated months ago and 17.67M OBOL moved to Bybit to sell.

And Bybit delisted $OBOL yesterday.

$OBOL is down ~50% since the DAO decision.

Although there was no DAO voting, just the announcement.


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