Here is the leaked PDF
scribd.com
DigixDAO raised about 465,000 ETH in an initial coin offering (ICO) in exchange for DGD tokens. The DGD tokens represent voting power in DigixDAO governance platform. The votes concern the actions to be taken using the raised ETH. Here a burn function is considered for DGD holders to burn their DGD for ETH in DigixDAO. The ratio received would be (Total ETH in DigixDAO)/(DGD total supply) minus an optional “exit fee" of x% of the ETH to be received. Join the DGD Discord, Telegram, Reddit to discuss
All details inside. Very easy opportunity to arbitrage risk free up to 2x your ETH.
gyazo.com
sg.linkedin.com
"The exit function will enable investors to trustlessly exit the DAO through a smartcontract, stabilize downward DGD/ETH price movements, remove dependency on exchanges and low liquidity markets, therefore the exit function will significantly decrease risk associated with holding DGD and will attract new investors interested in participating in the DigixDAO governance."
That means there are literally 2x times more funds than marketcap. But... you see DGD token holders don't have a claim to the Eth in the smart contract...?
Actually, they do.
On July 25th, the developers of DGD proposed a buyback of DGD tokens at a rate of .175 Eth ($38) per DGD.
This means that if all 2 million DGD are returned: 350,000 ETH will be paid, leaving 25,000 ETH in the DAO and zero tokens remaining. Effectively setting a floor price for DGD.
Folks, I've personally bought 10,000 DGD tokens. When this is implemented I will have doubled my initial Eth. Any purchase of DGD below the floor price of the buy back .175 Eth per DGD is an automatic profit.
(ps. swap your eth into btc, and buy the DGD/BTC pair. the eth pair has no volume.)
You can buy DGD at $20 with a buyback of $40 price.
$FLO $ETH $XRP $LINK $ADA