dao questions

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Anonymous
dao questions 2016-05-14 23:21:35 Post No. 1246830
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dao questions Anonymous 2016-05-14 23:21:35 Post No. 1246830 [Report]

I bought into the dao, and I'd like to invest more into it because I really like the idea.

But I have an important question:

First, I value liquidity over everything like the insecure beta I am. And 100 dao tokens are worth 1.0 ether now, and they will be worth 1.5 at the release.
Supposedly there will be an option to "burn" your dao tokens for ether at any point.

HOW do I do this? I want to convert all of my eth in dao tokens, then get out (or at least some of it) before the dao launches to have more ether in the end

I'd do it right now, but I just CAN'T figure out how to convert dao tokens into ether back. Read the site and everything.

Thanks,
t. Ethercuck

Anonymous 2016-05-14 23:49:07 Post No.1246856
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Anonymous 2016-05-14 23:49:07 Post No.1246856 [Report]

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>>1246830
Just found out you can't sell tokens before the launch. After that you will be able to send it to exchanges like poloniex and exchange it there.

Still, I'd like to know how to "burn" my tokens, as in pic related

Anonymous 2016-05-15 00:02:54 Post No.1246885
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Anonymous 2016-05-15 00:02:54 Post No.1246885 [Report]

>>1246856
alright, found that one out, too:
create a private proposal that only you vote on. This will result in a private DAO that allows you to send your Ether back to yourself. Easy as that.

I hope this blog / thread will be of help for everyone wanting to know how to safely shortsell this garbage.

But really, began to like the idea more and more, as I did my research : in fact I decided not to get out in 15 days, but hold.

>>>>>MOOn