According to TechFlow, Pantera Capital proposed to Meta-DAO to buy $50,000 of META tokens at a price far below the spot market, with a maximum price of $100 per token. Whether its purchase operation is successful depends on Meta-DAO's complex, unique and highly experimental conditional market.
Pantera said in its proposal that it sees the purchase of META “as an opportunity to test the potential of futarchy as an improved system for decentralized governance.” Futarchy is a governance model that combines market prediction with decision-making.
Pantera sees this investment as a strategic partnership and an opportunity to show support for Meta-DAO. The investment will come from Pantera’s Liquid Token Fund.