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BowTiedPilled's avatar

It's a ponzi with extra steps

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Styx's avatar

I recently sold 100% of a fairly large bag of OHM at $1,050 having made 5x. The price slide seemed obvious from a TA perspective and so many forks were clearly muddying the water. Right now I am well ahead with OHM at $715 and still tumbling. I don't believe you will see price improvement until the APY reduction is done, simply due to uncertainty about what's on the other side. I did not have confidence that rebases would outpace the falling price and so far it seems that I have been correct.

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