Prediction evidence

De

Ignas

@DefiIgnas

Gnosis DAO voting on one-time, pro-rata treasury redemption. Logic: - GNO trades at ~$106 - The treasury behind each token is worth ~$115 So GNO trades below the assets backing it. GIP-151 lets holders: - Redeem your GNO for your pro-rata share of the $156M treasury at NAV. Liquid assets in kind, the rest in stables - Or keep your GNO. That's about 7% discount. Seriously, if you're a $GNO holder and even if you believe in Gnosis, you should redeem, and buy back more of $GNO (although taxes would complicate the calculations). Ideally, $GNO price catches up with the Treasury value before the vote ends.