instead, a team decided to sell a large portion of tokens to one single investor without consulting other $MKR holders or communicating with their community.
- 39% in the development fund (the DAI foundation, no website)
- 61% trading publicly on the market (onchainfx.com/asset/maker)
- 15% held by core team members (no details on lock up, etc)
so where did this 6% come from?
link: thecontrol.co/lessons-from-m…
![](https://pbs.twimg.com/media/Dn3SMZpXkAErA-t.jpg)
see @etherscan: etherscan.io/token/tokenhol…
![](https://pbs.twimg.com/media/Dn3Tdb5XsAALNdF.jpg)
messari.github.io/research/profi…
![](https://pbs.twimg.com/media/Dn3UovyXsAAptVL.jpg)