Return of Whales and idea for futur
G
Geoffroy
Hello the team! Congratulations on your new project.
Smart, practical, bug-free (or not yet known :)), pretty, .. love it!
As discussed on Discord with DudePoly, I share with you the feedback from "whales" that I know and why they don't want to come now. (I'm a small 5-digit player only but i 'am in for my part :))
Investors who have seen the project are convinced that the project is good, but they do not want to invest in a project and wait 1 year, then 1 year for the 70% rewards dillution.
Of course they don't want to claim right away, otherwise it would dump the corner and it is of no interest.
But the crypto world is moving fast. It is essential to keep in permanent contact with your farmers and to motivate them every day not to go elsewhere (and come to start!)
It would therefore be, marketing and psychological level, much more interesting to distribute the 70% very quickly (after 15/30 days?) And spread it over 1 year. But a little bit every day very quickly.
Can be spread over 2 years to dillu more ... but every day a little without delay it is important. You keep in touch with your farmers and that motivates!
Most importantly, it motivates people to use "Celo Hero" rather than selling CLXs.
The second problem is your communication. Much too discreet. :D
We would prefer APR maybe a little lower, but greater security with a bigger TVL and farmers (and therefore more gains for you too :))
Last big problem ... the fees! 5% since today?
The small farmers don't want to pay for this.
Big farmers also don't want to lose 5% before they start if come with 6 digits bags. ...
Here are three ideas but which, I think, must absolutely evolve very quickly if you want to take off :)
It is of course that my opinion, and that of 2 "whales" to whom I presented the project. but I have also seen these reviews on forums on the web. So can be interesting to adapt that :)
In any case, I will stay with you and wish you (and us) good luck for the future!
G
Geoffroy
I complete my message with a concrete idea: ;-)
Every day, do a "CLX locked in farming" snapshoot, and distribute 1/365 of this amount in "unlocked CLX". (in addition to daily claims)
That makes two claims (psychologically interesting for farmers !). and it also disillusioned everything because if the farmer will either sell CLX or coompound to increase his profitability.
If I get off the farm today, I will have my last CLX in 365 days.
If I farm every day and quit in 6 months, I would have my last CLX in 6 months + 1 year.
We therefore postpone the output as your system, but without sequestering the money completely ;-)