Possible scenario
Migration Hits Friction
25% Chance
Despite the overwhelming vote, execution risk remains high because shutting down an L1 requires validator coordination, bridge handling, exchange support, and clear tokenholder communication. Delays would not be systemic, but they could weaken confidence in smaller L1 governance models.
Initial impacts
- Bitcoin Down
Secondary impacts
- Technology -0.1%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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