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I would like to coin the term PPP: principal protected ponzi; the worst that can happen to you is you get your money back at a date you decide (no time rug).
gov proposal just went live, things moving faster than expected tbh
OHM CDs launching in ~1wk
only $1m cap to start which will likely get instafilled, then a short capped rollout before opening the floodgates
good chance for everyone to watch the system working before being able to ape properly
reminder: you deposit USDS, get OHM calls which you can convert any time, protocol uses the sUSDS yield to buy and burn, send OHM up, make your calls worth more
something to think about for any of you second order thinkers:
if you see someone deposit $100m of deposits which means $4.5m/yr annualized buyback and burns, are you more or less likely to then deposit to CDs yourself?
you deposit, and the next guy sees even more programmatic buy pressure incoming, maybe now it's up to $6m/yr. are they now more or less likely to also deposit?
yes this is all pure financial engineering, the token is the product, but do you want to play the game?

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