BOTH
Try to get the best of both worlds, we could combine these two ideas into one. For this, we would by
default airdrop StakeCube DAO tokens to all affected users. These tokens, in addition to entitling to a
participation in StakeCubes revenue, would also be redeemable for SCBTC, SCLTC, SCDOGE and SCDASH as describes before.
In this way, users who prefer to have an IOU from StakeCube could get the tokens corresponding to their missing coins, in hopes of one day restoring their balances. Others, who prefer the perks given by StakeCube DAO tokens, could simply keep these and never redeem them for others.
Again and so that everything is perfectly clear, in the example of the user that previously had 1 BTC
and 10,000 DOGE, they'd now have 0.05 BTC and 500 DOGE, and a number of StakeCube DAO tokens that would be redeemable for 0.95 SCBTC anad 9,500 DOGE.
Both StakeCube DAO and the SCBTC, SCLTC, SCDOGE and SCDASH tokens would be tradeable on the exchange.