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The founder of Oikos made public the details of the dialogue with Sun Yuchen: 2 million OKS will be provided to Sun For free, and the cooperation between the two parties is completely over

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Oikos founder accuses Sun Yuchen of 'starting prices from the seat'

Rhythblockbeats news: on July 4th, the founder of DeFi project Oikos opened a conversation in the community with Sun Yuchen, founder of Wave Field and investor of trading platform Poloniex (P network), and sun Yuchen on July 2ndIn a statement issuedRespond by dissociating the wave field from the Oikos. The dialogue shows that both sides have no objection to end the cooperation. The Oikos team is willing to provide 2 million OKS to Sun Yuchen for free and distribute them by themselves.

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In the dialogue between the two sides, Sun yuchen believes that the price increase of OKS by 300% is mainly due to the publicity effect. In addition, the suspected Pnet has paid $2 million to the Oikos team for the purchase of OKS. Now the cooperation fails, and Sun Yuchen hopes to get the money back. The founders of Oikos responded that IE0 was too much below market price(IE0 requires $0.05 / OKS, when the market price was $1.2 / OKS),Will lead to unfair for secondary market investors. They saidSun yuchen is willing to provide 2 million OKS for free, sun yuchen to decide the handling of the two million tokens. "I understand and I also think we can no longer cooperate and we will withdraw our support for OKS activities," Sun said.

Sun Yuchen, founder of Oikos

The Oikos founders also responded individually to the incident: before the official release of IE0 messages, Oikos had basically agreed to sell IE0 on The Web at 25% below the market price. However at this time P net official IE0 information did not reach a preliminary agreement immediately after the announcement, but choose to wait a few days to do formal notification. But Seeing the price of OKS tokens rising too quickly, Sun decided to post a "tantalizing/hinting" tweet at the Apple Store at the Time of the apple Store's release, announcing that an IE0 project would appear on iTunes but without mentioning Oikos's name at all, before the contract was signed.

Sun later claimedIE0 was priced at $0.04 /OKS (the market price at the time was $1.2 /OKS)Oikos thought this would be unfair to users who had already bought OKS from the market, so they rejected the offer. What happened next was that on July 3, Sun yuchen released a statement through multiple channels to dissociate himself from the Oikos project and launched a project belonging to Oikos yesterday. Eventually the founder of Oikos said that OKS had already been sold on some trading platforms and would not be running IE0.