Patagon Management (@patagonllc) 's Twitter Profile
Patagon Management

@patagonllc

Protecting and Creating Value | Proprietary Trading Firm

ID: 1644070447795908608

linkhttps://www.theblock.co/amp/post/263924/a-dao-is-funding-a-lawsuit-against-its-own-founding-team calendar_today06-04-2023 20:12:20

67 Tweet

314 Followers

11 Following

Wismerhill (@0xwismerhill) 's Twitter Profile Photo

Just reviewing the latest Aragon announcement (blog.aragon.org/a-new-chapter-…). They decided to steal unclaimed funds while knowing that 30% of the tokens have never been migrated. I will join a lawsuit that will be initiated in the coming days by an entity that led one previously.

Patagon Management (@patagonllc) 's Twitter Profile Photo

Today, the AA unilaterally shutdown the ANT token, the gov token of Aragon, without a vote. They have given a redemption offer of ~95% of BV, keeping $11M for “obligations”, leaving holders in the cold. This cannot be tolerated 👇🧵

Today, the AA unilaterally shutdown the ANT token, the gov token of Aragon, without a vote. They have given a redemption offer of ~95% of BV, keeping $11M for “obligations”, leaving holders in the cold. This cannot be tolerated 👇🧵
Patagon Management (@patagonllc) 's Twitter Profile Photo

We are very happy to have won by a gap of 20% the most recent vote (in spite of against voters using accelerated vesting tokens). We hope to fight for a resolution that is advantageous to ANT holders and redeemers

Patagon Management (@patagonllc) 's Twitter Profile Photo

INSUR has burned hundreds of thousands while achieving no growth and misusing funds, as well as going back on investment promises and governance. It is time for them to do the right thing and shutdown.