Another day, another excellent Ohmie proposal.
with that being said, I preach caution and patience. Let us see what v.2.0 rolls out. As with the ability of the protocol to allow the users to have the ability to earn yield on their OHM and partially their sOHM this would give OHM a new use case/ buying pressure.
sacrificing runway now would fail to achieve the intended target of an algo currency. Having an ever rising floor would further fuel ponzinomics. Where is the use case of OHM.
Demand needs to be created, monetary policy has been great, we need to attarct new Ohmies to join. Plus, it is imperative that we add use cases like what is happening with Rari Capital ($RGT).
down the road we could have a Bancor partnership where OHM can be paired with BNT (defeats the purpose of “backing” but allows the token to be used as intend “algo coin” to be paired with other coins.
Price should float and like how we attracted the first 100 users we will bring in the next 100,000. Patience is a virtue and with our exciting and giga brained community we are growing at a rapid pace. People tend to forget that we are a relatively young protocol.
Being patient now does not mean being passive, we should always engage in these discussion. But as for me, I want to wait a bit more until v2.0 rolls out to see how it can attarct new players to the market.
If 2.0 just enriches the lives of current Ohmies (by earning on their OHM and partially on their sOHM) without the acquisition of new Ohmies then I yield to the above proposal and a new floor would need to be set.
but as for now I say “let’s cross the bridge when we get there”
Thank you again Ohmies for a wonderful read