🚀DeFi fans, gather 'round for a tale of riches, workaholism, and locked-up tokens! FTX employees were set to be #crypto millionaires thanks to their SRM holdings skyrocketing in 2021. But FTX CEO Sam Bankman-Fried wasn't having it! 😱
💼Why? He feared his newly wealthy staff might not be so keen on 14-hour workdays anymore. So, he changed the rules, locking up those precious SRM tokens for longer. Talk about a plot twist! 📚
🔒Locked-up tokens are common in crypto, showing the team's long-term commitment. But after extending SRM's "jail time," employees got less enthusiastic about their tokens. Can you blame them? 🤔
💸SRM's value has since plummeted, but hey, at least we got a great story out of it! What do you think about this wild ride? Share your thoughts in the comments! 🎢 #DeFi #Web3
💼Why? He feared his newly wealthy staff might not be so keen on 14-hour workdays anymore. So, he changed the rules, locking up those precious SRM tokens for longer. Talk about a plot twist! 📚
🔒Locked-up tokens are common in crypto, showing the team's long-term commitment. But after extending SRM's "jail time," employees got less enthusiastic about their tokens. Can you blame them? 🤔
💸SRM's value has since plummeted, but hey, at least we got a great story out of it! What do you think about this wild ride? Share your thoughts in the comments! 🎢 #DeFi #Web3