Do you guys realise that you just pegged your price to ETH price for two years? Terrible idea, I am so glad I didn’t buy in yet.
If I wanted to hold ETH for two years I’ll just buy a ENS domain or keep my ETH which is far more liquid!
Please use an oracle and peg to USD. If the overhype of ETH goes back to where it was three months ago you will screw all investors in your project for no reason. Ethereum and Bancor are two different project, let the market decide freely where and when they should diverge in price.
This is a fuck up of giant proportions, far from fairness, far from stability, far from* smart*