Speaking as a small BaB investor here.

Devans, could you please cap the commission to a max of ~95%?

It wouldn’t be good if investing in the bankroll ever turned into a -EV proposition. I don’t think that’s what any investor signed up for, and the reality of the 2% nonrefundable investment fee means that new investors, and re-investors, must make long term considerations when they invest.

Furthermore, while I do have strong trust in you, a commission structure like this technically isn’t “provably fair” in in spirit, as the commission is paid to _you_, and nothing stops _you_ from investing. So let’s say it gets to a point where you own 55M XDR of Bitcoin. You could deposit it, force the commission rate to be >100%, and make _every other investor have negative EV_.

I think capping the max commission to 95% will achieve what you want, but also provide certainty to investors that they will always still be investors and won’t face the possibility of entering into a -EV trade.