I think we agree that there should be a reason to hold the token, but given the token has value at all I’m not entirely clear what the demand issues are? If there was no demand price would be at zero. Sure we can get something spun up for the future which is why I bought up the flywheel idea, but right now the community members, Set and DFP are all heads down working to push things forward and accumulate through LM & contributions, rather than focus on the price of the governance token.
If you’ve seen this post you’ll know one of our values is long term thinking, so rather than rushing to increase demand for the token, we have offered a few different ways interested parties can get hold of it. You can provide liquidity to the DPI/ETH Uni pool or make a contribution to the efforts of the Coop. Not everyone has time to contribute but if they still want to be a part of Index Coop they can purchase $index on the open market. You’ll notice the Index liquidity pools on Uniswap sprung up organically, and we purposefully never created a pool2, again because we are focused on making Index Coop a success first and foremost, knowing that this will bring demand in the long term.
We discussed it and signalled via polling in order to get to the point of reduced rewards in the first place, and will change the allocation on a monthly basis to tune the liquidity in the pool to the $30m target. Beyond that you and I have both started a topic related to it! I’ll get it added to the growth call on Monday so everyone has an opportunity to input and discuss it further.