Continuous selling pressure from rewards. TVL is dropping with a probable support at 0.5B $USD. No price support in sight, but maybe 1.5$ will hold, because staking rewards dropped dramatically. It will inevitably reach that level if LP rewards will continue to increase due to lower TVL and no buy pressure is found.
It appears the period of maximum pain is upon us, but fret not, unless you leverage, then you can crap you pants and prolly I saw you on app.rari.capital . Sorry ohmie. Rebase reward drop hurts a lot, and it will until we have like 1k APY%.
I have updated the current statistical premium levels, according to the recent price action and premium values: Price Range vs Premium Historic Low Premium - 393.97 Low - 602.07 Mid - 885.35 Average* - 1068.19 High - 1168.64 Historic HIGH Premium - 2290.90 Given the fact that pool ended successfully on OIP 52 - Add UST to Treasury OIP 51 - Strategic...
GALA Games Spider Tanks has grown an interest (according to google trends in november trends.google.com ), while the older game Townstar even thou it has increased in interest since March, recently it shows signs of slowing down. Gala is planing on release 3 new games (2 Mac/PC and one browser based) and according to the marketplace it has sparked some...
By calculating the Premium that the market pays from market value backing per Ohm (MVBperOHM) - check here for my spreadsheet we can clearly see the prices that are atractive to some of the biggest holders of sOHM (or staked OHM). Basicaly you either get a loan on RARI FUSE or ABRACADABRA, when the premium is low, so you can LONG it and you terminate the loan...
If someone wants to accumulate more Ohm, i`d watch this levels.
Interesting rejection at 2.3-2.7 range
Levels for GRID BOT on BUSD/USDT, depending on the fee structure may prove profitable
0.45-0.47 has a lot of potential
Almost 24 days remaining until the down ward cycle ends and the new up cycle ends. Take note that there is a 21 days unbonding period, so naturally it takes around 5-6 periods for a cycle to end and a new one to start.
Since they have a really active community and developers, Cosmos to me seems like a really good opportunity to long it.
If the current promotion works, and more loans are issued, then it makes sense to pay the loan with the native token since it has a lower interest. Risk:Reward ratio seems good for medium term and a pump will come eventually when they will decide to pay out dividends.