dOrgTech / OpenRaise

Bonding Curves For DAOs
MIT License
76 stars 26 forks source link

What admin rights should the BondingCurve owner have? #25

Open tspoff opened 5 years ago

tspoff commented 5 years ago

Current admin functions

Potential admin functions

brentenebros commented 5 years ago

Under what scenario or conditions would changing the buy or sell curve after launch be desirable?

dOrgJelli commented 5 years ago

I'm unsure of this as well @brentenebros. I think it pollutes the investor <> market owner relationship and creates an uncertain future. I think that in order for the market itself to be completely changed, investors would need to vote on such a scenario, and have a chance to "cash out" in some way if they don't want to be included in the migration logic. By migration logic, I'm referencing whatever logic is needed to ensure stability in the economics of the market, as changing the curve logic would change what the shares are worth, and could create an "incomplete equation" where some shares under certain conditions would be deemed valueless.