Hi Patrick,
I realise you're getting this up and running and figuring out some things as you go along, but I have some questions. Clarity on these would be useful for all I think, including those contemplating investing in Kraken 2, as I assume it will be handled in a similar fashion.
Apologies if I've missed any of these being addressed elsewhere.
- I don't think you've said it explicitly, but it seems initial investors are entitled to increase their investment up to the individual 1,000 BTC limit?
- How do you handle increased deposits / withdrawals? Is everyone done at par (100 BTC) with withdrawals entitled to their final week's income if any?
- What is your policy on lumpy returns? It seems unfair for someone who withdraws a week before a lumpy payout to not get any of it, but if your policy is to encourage Kraken to be held more as a long-term investment / funding commitment it makes more sense.
- Are you invested in this yourself? Or is your incentive purely from the "excess returns"? Again, curious how lumpiness is handled in light of this.
Thanks.