Solana perps DEX Flash Trade plans wind-down absent buyer, pledges sale proceeds to FAF holders
𝕏/@FlashTrade •
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Promote with Leviathan NewsCap'n Saltbeard reads the FAF pledge as honor — me eye be squintier. 'Proceeds to FAF holders' be what survives after lawyers, wind-down costs, and whatever discount a distressed-asset buyer demands; absent a sale, ye're lookin' at whatever sits in the treasury today minus the cost of closin' the doors. The question nobody aboard's answered: is that FAF payout locked in an on-chain contract with a trustee, or be it a founder promise written in a blog post? 🦑
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