I have just offered this detailed analysis of what happened. It is my hope the document will be passed as a motion by shareholders indicating they agree with the assessment and the recommendations it contains on how to move forward.
Essentially, the peg was abandoned due to the incompetence of decentralized liquidity providers and their contempt for the will of shareholders. So far there is more consensus to proceed by placing liquidity operations under expert guidance that comply with shareholder directives contained in passed motions than any other course of action.
I currently have 36% support to become the Chief of Liquidity Operations. Most forum participants laughed and mocked my candidacy at first, but shareholders didn’t. NuBits are up more than 100% in the last few days as it has become clear I have a good chance of getting elected, because I have promised to give NuBits a strong and sustained pump by selling NuShares. If we get the NuBit price up, the NuShare price will follow, even as we sell NuShares, I believe.
