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Everyone is talking about @stable having a mouse warehouse, but rationally speaking, I think the situation might be like this:
These types of TVL deals usually have private deals arranged in advance with institutions, and it's normal for institutions to invest on behalf of others when they go live. They may have been overly conservative in their early estimates of retail enthusiasm, not expecting such high participation from retail investors. It’s also possible that the private deals on the institutional side didn’t anticipate the level of interest would be this great. To ensure that the cap can be successfully filled, they will definitely prioritize allowing these private deals to enter; otherwise, if there’s a situation where it’s not filled, it would be quite awkward.
Since the enthusiasm is so high, some people ask why they don’t just raise the deposit cap directly. The reason is that the FDV after going live will affect the proportion of tokens to be distributed, and changing the cap temporarily is not easy to operate. At most, they can only open another round of deposits based on market enthusiasm.
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