All Ohm forks have been getting wrecked by whales dumping and buying / sidestepping to avoid loosing money as people are taking profits. I realize this is a great strategy and if you are a trader its common sense to do so. However many people in Defi are not familiar with trading or with TA. So they only want to buy and HODL.
I propose a fork of the existing Wonderland DAO, specific for “tad poles” in this version I think the following criteria would be good for new tadpoles looking to become frogs in the nation
- Can not purchase more than 5k worth of the token
- Wallet address can not have more than 10k (USD Value) of Wmemo
- Staking/locking period similar to vesting periods.
- I.e. stake for 6 months lock-up get 100% of the APY, with a 10% reduction for each month less than 6
- Penalty for early withdrawal
- Minimum lock up 7 days
- Can only sell a maximum of 20% of total value every 24 hours
These are just some sample ideas that can be teased out and discussed on how to best implement. The main thesis is to allow a lot of new people into the wonderland ecosystem without the volatility and the assurance of a solid project that isn’t as easily manipulated by bigger more experienced players