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we don't need 10+ DATs for each coin
the market is gonna decide which management teams they like
the next stage of this is some of them start to trade below mNAV and you get consolidation
Aug 20, 06:46
I think the entire DAT thing is going to come down to who has a bear market strategy to mitigate severe discount to mNAV and who doesn't. Those that don't will have forced liquidations. Those that have the right bear market strategy that allow for future compounding of NAV will survive and then thrive and should experience higher valuations.
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