Objection: The 5-15 interest rate under the absurd $6 price limit is even more ridiculous. If low prices ensure low dividends, who would be willing to buy?
If the range is smoothed to remain between 10 and 20, with amounts below 10 supplemented to 10 and amounts above 20 accumulated, I would be more willing to support it.
After all, it is truly absurd for a $6 GMX to only support an interest rate of 5 to 15.
Market regulation inherently means that the lower the price, the more valuable it becomes.
But what we are doing now is weakening its value when the price is low—by creating something like an accumulation pool that reduces circulation.
For the token price itself, I estimate it would be better than it is now.
However, for the returns to holders, especially those who bought at high prices, this is a betrayal. After all, we need more GMX, and in the short term, we don’t care about the price—unless you believe GMX has no future and need to manipulate the price for short-term gains. Otherwise, there is no reason not to continue accumulating more GMX at lower prices.
So I will oppose it. Sorry.