0x56bf24f6…fe3fsent to0xa8047c2a…72c2·#14,128,385·view on Etherscan
We did an OTC deal for the final XYZ that was in the team's multisig (0x75237802D46A40C4be57f518A7902528Be688Dfc) but there was a miscommunication for the 100 week vesting where we normally do 1%/week for 100 weeks but instead we did 10% over 100 weeks with a 90% cliff at week 100.
Ultimately, we need to fix this OTC deal and transfer the vesting back to the multisig so we can claim at 100 weeks. Otherwise, its not the deal we negotiated with the fund who is one of our largest holders at this point. The deal took place over a month of conversations and I think the fund would ask to remain anonymous but that was the final XYZ left in our multisig so this is the only reasonable way to fix it at this point. At 100 weeks, we can either return the XYZ back to the DAO or honor a snapshot on what the community wants us to do with it.
This OTC deal helps us extend runway which we need right now as we onboard team members with the coming launch.
Tyler messed this up on his end and he apologizes it is the only time he has ever fat fingered an OTC deal.Transfer 16m XYZ to team multisig to correct an OTC deal