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ngnoff You own a share of the market cap, you win/lose depending on the direction it goes. Keeping the APY high attracts -3,-3 whales who stake for one week and dump for a quick 20%, as we've seen last week. Based on actual past data, this is hurting our market cap and all 3,3 ohmies. Arguments were given in the proposal as to why lowering the APY should be good for the protocol's health (better for bonds, stability because of increased predictability, makes establishing partnerships easier...), and for our market cap directly (less inflation, less short term -3,-3).
I don't see anyone here giving arguments as to why keeping the APY high helps the protocol in any way, all I see is an emotional attachment to "number of ohm goes up". I do feel sorry for the people who bought the top on ohm and lost money in the crypto market downturn (some of these people actually helped tremendously in designing the proposal that you see above btw), but please don't let it cloud your judgement. This is the only way forward if we want the protocol and ohmies to thrive long term, which I believe is what we all want.