kaal:claim:3949098-026

Misjudging the public commitment portion of a firm underwriting engagement would neutralize the liquidity the DAOIC previously gained through reputation staking.

Source quote, verbatim

Getting the public commitment part on a firm underwriting engagement wrong would neutralize the prior gained liquidity from RNFT staking.

From

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021), II. Basic Concept, 4. Decentralized Underwriting, p. 15
https://ssrn.com/abstract=3949098 · source PDF

Cite as

Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098

Holds when

firm commitment underwriting engagements

Classification

failuresupport: arguedfailure: Liquidity Gain Neutralizationfamily: liquidity-and-market-structure-failuredefirisk-and-incentivesreputation

Verify

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Attestation record: colloquium/attestations/995255fa1679bfc7...json
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