Consider donating all or most of your Mana on Manifold to charity before May 1.
Manifold is making multiple changes to the way Manifold works.
You can read their announcement here.
The main reason for donating now is that Mana will be devalued from the current 1 USD:100 Mana to 1 USD:1000 Mana on May 1. Thankfully, the 10k USD/month charity cap will not be in place until then.
Also this part might be relevant for people with large positions they want to sell now:
One week may not be enough time for users with larger portfolios to liquidate and donate. We want to work individually with anyone who feels like they are stuck in this situation and honor their expected returns and agree on an amount they can donate at the original 100:1 rate past the one week deadline once the relevant markets have resolved.
Thanks for sharing this on the Forum! If you (the reader) have donated your mana because of this quick take, I’d love it if you put a react on this comment.
Consider donating all or most of your Mana on Manifold to charity before May 1.
Manifold is making multiple changes to the way Manifold works. You can read their announcement here. The main reason for donating now is that Mana will be devalued from the current 1 USD:100 Mana to 1 USD:1000 Mana on May 1. Thankfully, the 10k USD/month charity cap will not be in place until then.
Also this part might be relevant for people with large positions they want to sell now:
I just donated $65 to Shrimp Welfare Project :)
Sadly even slightly worse than 10x devaluation because 1,000 mana will redeem for $0.95 to cover “credit card fees and administrative work”
That Notion link doesn’t work for me FYI :) But this one did (from their website)
Forum post saying the same thing, with some discussion: https://forum.effectivealtruism.org/posts/SM3YzTsXmQ6BaFcsL/you-probably-want-to-donate-any-manifold-currency-this-week
Thanks for sharing this on the Forum!
If you (the reader) have donated your mana because of this quick take, I’d love it if you put a react on this comment.