OberonSky What is fair price? who decides that?

You cant control the market and price but what you/we can do is to incentivize and make people trust the project and invest (and continue to invest).

Beside that again i have to agree with what @LilMafia1 says. Other forks just benefit from this. Not sure what's hard to see.

4 days later

I appreciate all the diverse opinions. I have been very concerned about the drop in Ohm price overall. I have paper losses of around 50%. So far, rebase rewards have not outpaced the drop in price. I feel like we are not competing well with other DAO's, and that the website needs a refresh, and that the migration was not well explained, and investors were scared away.

This is not a proposal, but I would like to see at some point Ohm use it's treasury to generate stable returns from conservative investments, such as 5% returns on staking Eth or small returns from lending coins. Over time, large amounts of money invested could generate large returns. There is no law that says we must be rewarded with more ohm in our rebases. We could get rebase rewards in other tokens such as strong, eth, fantom. It's time to move away from ohm being the only reward. I bought in around 800 per ohm. Not a whale at all. If ohm drops below 200 per coin I'm bailing out (no hate please). I came here to make myself money, not make the protocol rich. So far I have failed at that.

21 days later

This is completely not how this was setup to work. We invested due to the original setup of price goes down the interest rate will compensate to keep value. Lowering this has only spooked off other potentials and caused the deposits to drop based on information out there. First off get the financials correct on the site. Everyone knew the interest would drop but this is not the way to attract investors or keep the price up. Now you need to work harder at dispelling the pyramid theory out there scaring everyone off. I appears to many that this will wind up at 1.00 per.

Get this fixed asap or it will be 1.00

    Its easy to see, it was a pyramid, they used the funds to deposited here to open other pyramids. Its literally criminal in my belief. I lost over 100k to these worse than thieves. They hid it very well at first, till you could see the voting numbers of ohm developers and the whales. Then it was lets support this pyramid and that one. All for around 300k fees into the treasury. Such a blatant ripoff. Save as much as you still can. Buy when it get down to a dollar. Thats all its really backed by anyway. You notice how the protocol never backed up the high backing they said existed. Other projects deserve your capitol, not this one any longer.

    bradley6728 Dude. This has the opposite effect of a pyramid scheme. This is smart it keeps the backing per OHM higher and allows the project and its treasury to grow at a sustainable rate. A high APR would reduce the backing to $1 very quickly. Go look at Wonderland.

    8 days later

    What's the point in buying the tokens at all now if the APY keeps going down while the treasury fattens up and wont buy back anything to boost the price even a bit or get in more people?

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