Decreasing in inflation rate
To reduce the risk of printing too many Dios into the market without the proper backing in the treasury, which will cause the instability in the model which would drag our Hodlers and users as well as development going down together. That’s why a reduced inflation rate is necessary. Looking to the father of this model — OHM with a lot of activities and backing projects and partners, just with the whale dumping, their price is going down.( as mentioned from the beginning)
It’s not very “(3, 3)” to raise the price floor by revising the backing to >1 stablecoin unit per token. The biggest reason for this is that it destroys the runway, which is perhaps the most important asset.
Maintaining the backing but lowering the APY would be a considerably more rational approach. Lowering the annual percentage yield (APY) is a lovely thing. To begin with, lowering the APY has no effect on the token’s current or future worth (dropping the APY does not mean you will receive fewer tokens; it only means it will take longer to distribute than if the APY were at xxxx%). Second, decreasing the APY lengthens the runway, which is advantageous from the standpoint of optics and new protocol users. Third, and perhaps most crucially, decreasing the APY implies that we are minting less per treasury at any given time, resulting in more treasury (risk-free) per circulating, which actually aids in the establishment of a higher price floor.
(0.15, 0.15)
With every choice in the last voting event, we all have a solution corresponding with these choices with our roadmap for the protocol. With 0.15 inflation rate at the moment, we can have time to stabilize our protocol and develop a new product with wrapped tokens and more appealing APY for our users.
Answering the question of why the price is dumping and is it dangerous at the moment?
Price dumping at the moment reflects what all Ohm-forked is suffering at the moment. However, given the current low pricing, there is always a potential for new investors to get involved.
Well, whenever I hear about fresh investment opportunities, the idea of a Ponzi scam or a pyramid scheme comes to mind subconsciously. Is it possible for a company model to thrive and grow without the support of a proper community and loyal customers?? The joke about pyramid schemes here is that if hatched to the 13th floor, the number of people needed to participate in the service of a model is almost twice the current population, a terrible number, right?
Ever heard of multi-level marketing?
Marketing items to the general public is a common practice for those involved in multi-level marketing (MLM), often known as network marketing. The MLM strategy’s primary purpose is to encourage as many distributors as possible to promote the product and build the sales force exponentially. Affiliates earn commissions on product sales and are rewarded for the sales of those they refer. When making a single transaction, commissions are divided across those involved at various levels of the pyramid, with each level receiving a percentage of the entire sales volume. Scams masquerading as MLMs, however, are known as pyramid schemes. No genuine product is sold in a pyramid scam, whereas a legitimate MLM business does have a product. In order to earn money, pyramid schemes participants focus solely on recruiting new participants. For a limited amount of time, many scams promise sky-high earnings if you just hand over your money and get others to do the same.
We, along with many others, are not waiting for a way out. DIOS is that exit.
We’ve been spurred on by the breakdown of OHM, the corruption, and the lack of transparency in fork models. Seeking a solution while keeping the project decentralized and secure. There is a long way to go for Dios Finance before we can talk to a large project about a collaboration (Not that we didn’t try). Because we’re “Nobody,” we’ve been ignored by nearly every well-known project that we’ve approached.
The roadmap will be updated to reflect current and potential future market sentiments, as well as our capabilities. The primary focus, for the time being, will be on building ourselves into a stand-alone DEX based on the Protocol-owned Liquidity (PoL) principle. To accomplish so, we must stock the Treasury with a variety of LP options in order to maintain adequate liquidity for future transactions while avoiding excessive slippage tolerance requirements.
The first product extension will be additional Bonding alternatives as well as the Wrapped DIOS token — Sigma sDIOS — with the primary purpose of attracting new users as well as developing other language-specific communities and serving as a platform for multi-chain initiatives.
Wrapped model with high APY, a way to buy time that can be easily found in similar projects
If you’ve ever thought about “Sigma sDIOS” in that way, you’re completely incorrect. Have you lately listened to the Sam Bankman-Fried podcast? SBF announced his selections for the three most promising blockchains in 2022 in the opening episode of Decrypt’s new podcast.
His final pick for the most promising blockchain was a forgery. It’s a category, not a single project: “wrappers,” which are synthetic versions of popular currency like ETH and BTC, allowing simpler transfers inside and between blockchains.
“Wrappers, in general, are likely to continue to rise over time,” he said. “You sort of have no choice but to delve deeper and deeper into wrapped assets as you have a divergence between the chains that have the skill to manage the activity that’s being required of them against the chains that the value lives on.”
Since the internet has made it easier for people to connect, community is now the most crucial aspect of every project. It won’t come apart as long as everyone focuses on the same objective. Well… easier said than done…
Twitter: https://twitter.com/DiosFinance
Telegram Announcement: https://t.me/dios_announcement
Telegram community: https://t.me/dios_community
Discord: https://discord.gg/aNhJmJXKEW
Medium: https://medium.com/@diosfinance
Should you have any questions, please feel free to contact us via email: contact@dios.finance
