A decentralized economy needs decentralized money.🌕.

What is Lunatics DAO?

The story began when @AlgodTrading posted "Who wants to take a $1000000 bet that $luna will be lower price in 1 year than now?".

Do accepted. And both sent $1M to @Cobie as escrow.

@GiganticRebirth soon expressed interest in the same bet for $10M. Do accepted. And both sent $10M to Cobie as escrow.

After Cobie mentioned he is setting up a multisig for the funds, GCR then added he wanted to up the bet for an additional $10M with Do.

Do has not replied yet.

We lunatics have formed Lunatics DAO to raise $10M and accept GCR’s offer on the bet on behalf of the community. If you want to bet but don’t have $10M, come and join our DAO.

$Lunatics Token

$Lunatics is completely led by the community, through Juicebox to raise 10M USDT to participate in the bet. $Lunatics possess no rights, governance, or utility other than redeeming them for USDT from the smart contract, tokens will be distributed according to the user's investment amount.

FAQ

• 1. $Lunatics Contract Address - 0xfCA36E022b4CCe4987C3F5d6c44C1bCCcb7c3d53

• 2. If fundraising fails? - We return all funds back where they came from!

• 3. If fundraising is successful, but GCR backed out? - Same as above.

• 4. If fundraising is successful, and we are in the game - $10M will be sent to Cobie’s multisig, while any extra USDT and $Lunatics token will be minted and used as LP for uniswap pool. Token holders will be able to share any fees accumulated from uniswap pool next year.

May Lunatics and Do win!