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How do we feel about possibly adding a setting so Asset Managers can select a minimum allowable investment?
For example if someone lists a 10,000 DAI asset, they could select 2.5% and this would only allow investors who have $250 or more. The risk is pricing out small investors, but there are certain assets where it might not make sense to have investments under a certain amount.
We could also put a cap on this to avoid monopolies. A DAI cap or a % cap. So for example allowing them to force a minimum of 50 DAI, but not allowing them to force a minimum of 1000 DAI.
Maybe even just a checkbox like "[x] Only accept investments of 100 DAI or more?"
The text was updated successfully, but these errors were encountered:
How do we feel about possibly adding a setting so Asset Managers can select a minimum allowable investment?
For example if someone lists a 10,000 DAI asset, they could select 2.5% and this would only allow investors who have $250 or more. The risk is pricing out small investors, but there are certain assets where it might not make sense to have investments under a certain amount.
We could also put a cap on this to avoid monopolies. A DAI cap or a % cap. So for example allowing them to force a minimum of 50 DAI, but not allowing them to force a minimum of 1000 DAI.
Maybe even just a checkbox like "[x] Only accept investments of 100 DAI or more?"
The text was updated successfully, but these errors were encountered: