mastoras00733 Please check out comment #56

https://forum.klimadao.finance/d/29-kip-14-resilience-mode/56

As an investor, look at your investment growth, not APY rate. It's a misunderstanding that high APY means, more KLIMAs, means higher investment growth. More APY means, more supply of KLIMA. Supply goes up, price goes down, for the same marketcap.

Think of lowering the APY, as equivalent of burning KLIMAs than originally projected. This is a +ve thing.

APY does not matter. What matters is Treasury Growth and Market Cap growth.

Ok understood.
But 7000% to 1000% is to tragic.
Lets go to 50% then.(??)
My proposal is to reduce Apy step by step.
6000 - 5000 - 4000 -3000 and see what happens.
Or just leave it there as it is let the price go 3$ to see what happens.
Move 7k straight to 1k its a panic move. Wen the price go little bit up many people will move funds to OHM or Time or whatever.
We can't have same apy with OHM so fast
GM

A step by step approach is rational. This is not.

andybash12
Realy now?
You make calculation "1000$ klima" as example?
What makes you sure Klima price will go up after reduction instead of going down?

But anyway you may have right.( I hope)
Lets see what happens

Cujo locked the discussion.
Write a Reply...