Colin Wu
Colin Wu|Apr 30, 2025 12:23
CoinDesk exposed the terms of Movement and market makers, which should be a common practice in most projects: If FDV exceeds $5 billion, Web3Port's subsidiary Rentech can liquidate its MOVE token, and Rentech will be able to split profits 50-50 with the foundation. The foundation allows Web3Port to borrow 5% of MOVE supply and sell tokens for profit.
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