Token holders considering the Across equity conversion may not get the full picture until they self-certify. And the incentives to game the price beforehand are real.

Felipe Montealegre of Theia and Ryan Yi of Onchain Group join Laura Shin to discuss what management teams can do to suppress token price before announcing a “premium” buyout — and why DAOs keep losing to centralized companies on execution.

This clip is from a longer conversation on why token structures keep failing investors — and what the fix actually looks like.

Full episode here