Shreddy
Ser can we has following and add it to the proposal? I understand these may change slightly based on market conditions, but should give us a good indication. For backing would be looking at the backing price with respect to what is shown on the dashboard (realising dashboard number is not true backing, we still need to use that as its what people see).
1. Change in RFV post mint
2. Change in Backing post mint (both backing price as shown in dashboard and actual)
3. Change in total supply post mint
I ask for above because this will affect reward rates, and may affect APY soon after the mint. I dont think the change is clear enough for most users as currently written. #1 and #3 are already answered, though should be in the proposal too.
It would also be nice if policy team can provide their insights.
- Would minting a supply this high have any affect on reward rates. Since bonding effectively is offset by rewards, current holder dilution is a concern. Are we planning to increase the rewards while this offer is being considered? Are we considering a guarantee rewards will not be dropped lower post mint for x amount of time?
- Instead of a $ price, can we change the offer to % discount to market price (like most of our bonds work). What is stopping anyone to drive OHM price down and driving SPA up during the offer? Any contingencies in place for this? While the price of SPA going up doesnt matter, OHM going down does. In this case only OHM RFV should be considered for any offers.
