@shadow Proposals to further lower rates should be seriously considered before being put to a vote or implemented since they could have undesired effects on Ohm price action.
Consider that at the moment, Ohm give 7.4% over a 5 day period, and it is unlikely many traders, even with leverage, could consistently outperform 7% every week, even during a bull market, due to rotation, bumpiness around resistence, fud storms, etc.
However, if we reduce the reward rate to .2975 every 8 hours, that's only 4.2% per 5 days. And suddenly many more traders can outperform that rate.
And that would mean, everytime the market reaches a local bottom, even more people would sell ohm, to long the popular coin of the day, whether its Gme, Doge, Axs, Luna, Ada, or NFTs.
This may actually lead to more price volatility in Ohm.
This proposal should be shelved for at least 6 months. We have 300 days of runway still ready to pay out, there is no rush.
Furthermore, once the bull market double peaks this winter, everyone is going to sell their btc, eth, and meme coins and flood into dividend plays like Ohm.
That will easily extend the runway significantly, but only if Ohm continues to be much more attractive than any other option…