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Full of hot airĮthereum’s gas fee woes have always been a talking point. Well, according to Dune Analytics, 55.26% of the funds have been returned so far. – Claim your $PEOPLE tokens into your wallet (must pay gas) through Juicebox to do with as you see fit – Redeem your tokens (even if you never claimed them in the first place) for a refund of ETH minus gas (at a ratio of 1 ETH to 1,000,000 $PEOPLE) through Juicebox Ethereum’s gas fees made the fundraising process even more expensive than it already was, and as the DAO prepares to return the donations, gas is again an obstacle.įor its part, ConstitutionDAO presented two solutions: claim PEOPLE tokens or redeem the tokens for an Ether refund at a pre-set conversation rate. “Having lost the auction and following the core team’s choice to wind down, we would like to remind you that the tokens possess no rights, governance, or utility other than redeeming them for ethereum from the smart contract held in Juicebox at a ratio of 1,000,000:1-the same ratio at which contributions were made to the initial crowdfund to buy the Constitution.” Step on the gas, peopleĬonstitutionDAO’s time in the sun might be over, but crypto watchers are also keeping track of its doings for other reasons. However, it’s important to note that as of press time, there was no verified information on CoinMarketCap about the token’s market cap or dominance.Īt the last count, Etherscan showed that PEOPLE had 13,133 holders.ĬonstitutionDAO made sure to express its view on using the token, and said, Just a few days ago, the price of PEOPLE was in the $0.004 range. In 24 hours, the token saw a rally of 196.36%. iX35LXSrmuĪt press time, PEOPLE was enjoying quite a bit of popularity and was changing hands at $0.1298. The number of currency holding addresses has exceeded 11,000. Single-day trading volume on the 26th exceeded $48 million, which is higher than the sum of the previous 7 days. Adding to that, some traders were convinced that the coin was pumping, based on its dramatic rally.ĬonstitutionDAO token PEOPLE hit a new high after the listing of OKEx, up to $0.087. Interestingly, the DAO’s PEOPLE token was listed on OKEx, MEXC, Poloniex, Gate.io, among others.
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Though they lost out, the group has been at the center of a media storm.
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This, in order to bid for a first edition of the U.S. 17,494 buyers or unique addresses came together to donate over $45 million in funds. ConstitutionDAO has caught the imagination of nearly every faction of the crypto sector.