Oh wow, yes, thank you! That disconnect between distributions – one symmetrical, the other roughly log-normal – strikes me as very important and dangerous!
This “ex post penalty” that you suggest would be great… I’ll think about things like offering standard (non-inverted) perpetual futures to make it easy to make a lot of money by shorting risky projects; investing through shorting tokenized public bads or world suck; making robustness against downside risks part of the intervention share governance; and whatever else one might do against this problem.
Thanks! Yeah, and charities whose buy-/sell-in would be important. I’ll start tracking my leads more systematically.