grap Totally agree with this. This point has been brought up in the Office Hours before, to request the policy team to be more sensitive to investors’ concern over the current price action, especially when communicating new policies for the long term health of the protocol. Right now, even if the protocol is growing its treasury and reaching carbon targets, the success of the protocol isn’t really translating into the success of investors’ returns as yet. Surely these policies will have some effect on price action, as some have pointed out in this forum discussion, however these are not included as considerations upfront in the KIPs.
As someone who got into Klima when the price was down from ATH but still in the four digits right before the never-ending dip, it’s never easy to see the portfolio 85% down and with no guarantee of easing up. While I was very excited about Klima and still believe in the vision of the DAO and the team, I’m also not here to throw away hard-earned money. The sharp decrease in price is really penalizing the early investors of the project, and it’s a hard pill to swallow.
Having said that, I know the project team is probably tackling issues as they come, as all start-ups do, and also working really hard towards the very exciting prospect of making Klima the centre of the on-chain carbon ecosystem, so thank you, your hard work is much appreciated.
TLDR: Change the APY if you must, because the pragmatist in me understands that the project needs to survive the crypto winter, and flourish for a long long time to come, otherwise there’s zero chance of me recouping my initial investment, let alone make some returns off this. Let’s vote survival over short term gains.