For starters, Metapurse is not auctioning off the B.20 bundle. A smart contract is going live that enables anyone with enough DAI and at least 1% B20s to trigger an auction to buyout the bundle.
If the bid for the bundle goes thru, and B20 holders cash to dai....what about "what's next"? Do we as B20 holders have stake in anything that's bought or after a dai cash out we have to buy in again to new value of b20 ?
If the bid for the bundle goes thru, and B20 holders cash to dai....what about "what's next"? Do we as B20 holders have stake in anything that's bought or after a dai cash out we have to buy in again to new value of b20 ?
What's my profit?🙄
Another great scheme to pump and dump
.....and/or..... does the sale of the original b20 bundle allow for the new owner to unbundle? thus, re-valuing b20