Hello Centrifuge team!
Some of the community members (including me) have a concerns about distribution of our CFG that we have bought on Coinlist.
So, the thing is there were few past token sales recently on coinlist ( Casper, Clover, Covalent, Mina ) and Coinlist investors got their token distribution delayed in EACH of this projects.
Listing on exchanges always happened before Coinlist buyers got their tokens freely movable and tradable. So, the thing is Coinlist didn’t gave another option for investors as to sell on Coinlist.Pro(their own exchange) or wait for hours/days to withdraw tokens to non-custodial wallets or other exchanges.
As some tokens from Tinlake pool rewards and staking/validating rewards are already in circulation rn, Coinlist investors want to get their tokens freely movable before official exchanges listings and have opportunity to sell their CFG at the same time with those who already have it.
Also there are concerns that we wouldn’t be able to withdraw/get our tokens on-chain before Altair snapshot.
This “on or around July 14” is making us think that they are creating a playground to not give us our tokens in time.
Also we got some information from ambassadors that distribution will happen directly on-chain and coinlist will ask us to provide CFG on-chain address soon. There are less than 2 full weeks left before July 14 and coinlist could also manipulate on distribution date based on thing, that not everyone have provided their address yet.
We hope that Centrifuge team could influence Coinlist in order to distribute our tokens on-chain prior to exchanges listings and save loyalty from Coinlist Public Sale investors.
Thanks again and hope that you can understand our concerns