The current trading price of CLUB is much lower than the price of institutional investment, or due to insufficient liquidity

qasa@newsletter.paragraph.com (qasa) — Wed, 18 May 2022 08:11:53 GMT

Uniswap data shows that the current transaction price of the SeedClub governance TokenCLUB is $8, and the total liquidity pool is only 4.91 ETH and 1680 CLUB. The lack of liquidity is the main reason for the difference between the transaction price and the institutional valuation. Wang Chao, founder of EmpowerLabs, said that this phenomenon is more common in community DAOs. In addition, the SeedClub community introduced strategic investors to exchange CLUB for USDC, realizing the diversification of the SeedClub treasury, thereby avoiding the risk of value fluctuations of a single Token on the DAO treasury. As previously reported, SeedClub voted on “New Strategic Contributors” with a 99.99% approval rate on May 16. The content is to allocate 1 million CLUBTokens (10% of the total) to new strategic partners, who will provide 15 million USDC. The CLUB allocation will be locked for one year and then unlocked in three years. New strategic partners include: Union Square Ventures, Placeholder Ventures, Blockchain Capital and Framework Ventures, etc.