this morning, a decision market went live for @mtncapital_ that I personally think marks a very important chapter in its journey: The Premise The crux of the deal is a $1M OTC into $RAY (@RaydiumProtocol), foundational DeFi infrastructure on @solana that has (1) been in the ecosystem from the very beginning (2) survived many of its brutally testing chapters (3) benefits from new structural tailwinds from Solana's recent resurgence. The entry price is at a 30% discount to current, with lockups for ~12-18 months (& the proposal has room for the dao to hold up to 3 years -- details in the prop, linked below) Why I think is this prop is special @mtncapital_ is uniquely structured as a dao, which changes the deals its best positioned for. I think exclusive OTC deals are a category of deals where it leverages unique advantage -- its reputation, and its deep integration into (and composition of) the solana ecosystem. Simply put: I don't think there's another way to get exposure like this aside from doing it through @mtncapital_ , and that's good for the dao. ---- This wouldn't have come together without an effort from a number of teams to make this work -- big thanks to @RaydiumProtocol for the discussions & @MetaDAOProject + @streamflow_fi for the infrastructure support. Trade the prop below!
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