Why 2023 Will be a Blood Bath for Crypto Startups | Roundup
Empire
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Are You Still Buying From Treasury?
There was a proposal from lightspeed when Amy was there to do it with sushi and got rejected, but yeah that Well, not so much in crypto I I think but a lot of teams That have that hold like 10 20 percent of the tokens under treasury maybe more Are exploring the possibility they're kind of in a tight spot because the prices come down so much on the liquid token. Even if they wanted to raise something to extend their one way for like 18 months or another year That 10% of the treasure is not even worth that much So it's really tricky to In a very tricky position that they're at where they can't really sell from treasury Because it's not even going to accomplish
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