• Proposal
  • OIP-18: Reward rate framework and reduction

puthinakattu

Agreed while I have more Ohm then that the reductions are a bit much, and at a certain point I see it leading to the "end" of ohm. How can one be an Accohmulator with 1000%/100%/25%/6% apy 😂

fakeSavian

If we reach those APYs it'll mean that we all already made it fren - in that respect if we make it to those APYs and have (3,3)'d the whole way then price won't matter - key is integrations as treasury asset for other protocols

Just a quick comment from the peanut gallery. It’s interesting how the market cap seems to be stabilizing as voting results become more certain.

It’s likewise interesting how, in this experimental universe of “code is law,” that social identity and self-categorization come to the surface – old ohmies vs new ohmies, non-whales vs whales, etc. Aside from being the bread and butter of unconventional warfare doctrine, that can also be a brilliant marketing strategy.

Actually, that’s a great sales pitch for people being both happier, and materially better off, with AI mediation of human cognition. Hmmm.

    JLRascz

    Market cap is stabilizing because overall market is trending south.

    Haven't you noticed yet? When BTC and market goes bull, OHM cap shrinks. When market hints bear, everyone comes running back into ohm.

    Has little if anything to do with this proposal while still in voiting.

      st00pider

      Got it -- the market cap is stabilizing because overall market is trending south.

      This is good discussion. Real, substantive discussion. I'm sorry I didn't jump in earlier.

      What makes you think the overall market is trending south?

      The proposal is great, I'm 100% positive. If there is locked staking as additional option it will be more great I think. I'm sure most of the ohmies will locked a part of their holdings in the name of bright future. The crypto world is booming, so OHM will raise and raise as popularity in the next years.

      el_dan0

      That's fine though. It would still discourage the behaviour and it is an easier problem to solve ultimately. There are protocols out there which help detect multiple wallets linked to same users. The bigger the whale, the harder it is to hide.

      2 months later
      13 days later

      CollinJMiller
      This passed months ago, and we have 10x our market cap since then. You can see there were similar replies across this post, but I'm glad the majority of the community trusted the Policy team on this and so we're here today.

      5 days later

      @shadow Where does the policy team project the supply of Ohm in 2 - 6 months vs the OIP-18 schedule? Should we be expecting a decline in APY in the near term?

      10 days later

      Well, I like the fact there is a roadmap, for a new ohmie like me, looking at the long term roadmap allows me to plan extrapolate potential.

      a month later

      Having just read the full proposal, I agree that option 1 would be the best option, however I think that some kind of long term holder increase to the APY may also be a good idea to incentivise people to hold there sOHM long term.

      Example:

      After holding for 1 week = APY bonus increases to….

      After holding for 2 week = APY bonus increases to….

      After holding for 3 week = APY bonus increases to….

      APY bonuses increase every week up to maybe week 10, at which point the accrued APY bonus levels out and stops increasing. The Bonus APY would be at a low sensible and constant rate, and be separate from the Main APY. The main APY would obviously be variable as per option 1. The Bonus APY would restart from week 0 if you unstake and restake.

      Might be a way of attracting some long term big fish / whales.

      Food for thought guys. 🤓

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