PEOPLE on the Secondary Market

    ConstitutionDAO is a decentralized autonomous organization formed in November 2021 to purchase an original copy of the United States Constitution. Having lost the auction and following the core team's choice to wind down, we would like to remind you that the tokens possess no rights, governance, or utility other than redeeming them for ethereum from the smart contract held in Juicebox at a ratio of 1,000,000:1—the same ratio at which contributions were made to the initial crowdfund to buy the Constitution. It is also an option to keep your $PEOPLE tokens and do with them as you please—it is clear that there are parts of the community who wish to incorporate them into future projects. The bounty was to see if any had redeemed the PEOPLE token than selling them,Its seen from the Flipside data that one person had redeemed the PEOPLE token for ETH.

    The address who swapped the token:0xa52566764daa95487526ba31a2c3671a6a82d336

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    The plot displays the rate of each token at the time of swapping and selleing.As seen here swapping price is atmost constant during the whole transactions except a few changes but the selling price had increased alot.Therefore Upon considering an average of the people who sold the token their profit is much bigger than the swapped ones,But as seen ,the swapped didn't meet with loss but still the rate of the profit gained is less.

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    This shows the people whose price varied at the time of swapping.As displayed it had increased to much extent than what was there at the beginning of the swapped time.The price of the token had increased as seen from the Hourly Prices of ethereum

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    The plot shows that the average of the swapped price is the same when all these people sold their tokens, This implies that there is not much profit gained nor a loss for the man who swapped this, but instead, the people who sold at right time got much profit that may be a person who sold this during inflation can also lead to loss.

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    This shows the price difference during swapping and selling at the time of trasactions