@Soul_eater_123 - I think that's true of a lot of the core supporters of Elastic. We're not in any major hurry and we know who the team are and intend to support them.
I suspect that most of the 40% that have redeemed are not the core supporters and have just been lurking waiting to get their hands on their XEL.
I agree! To be honest I see this as a long term project that I intend to support. In some respects I feel better not having those XEL in my hand (so to speak) because it is tempting to sell to early. For example I had over 10,000 Ether early on and over 200,000 Stratis - had I exercised more patience I would be a lot better off but instead I sold for relatively small profits. There is such huge potential here and I don't want to destroy it by getting greedy or panic selling on a small rise.