TITLE: Direct x% (the percentage yet to discuss with the policy/treasury/operations team) of treasury income to buyback Lobi from the market to decrease inflation and stabilize the price action.
WHY: According to the investing psychology (https://www.investopedia.com/articles/trading/04/011404.asp)- people are more likely to put their funds in assets which price is already increasing (Usually significantly increasing- hence the bubbles). It doesn’t matter how great fundamentals a particular project has- hype and price action is everything. Only really smart money is willing to invest in bottomed out price action. A few days ago someone in our discord linked this tweet ( ) with the Lobi’ chart, saying something like Lobis is just another unsuccessful OHM fork. Our current social media image is mostly based on the chart. We, as the marketing team, will do our best to change that perception, and erease the negative image Lobi has on the social media platforms.
WHO: The marketing team (@hyronim, @Chuckberry, @MrJutty)
WHAT: Make the chart more attractive. Only a few understands our true potential, how can we be perceived as the ‘decentralizators’ of Decentralised Finance if the chart of our asset looks like another OHM fork?
HOW: I would like to discuss it from the technical perspective- what’s the most effective way to achieve it, how to achieve it, and if it’s even possible to have any significant results with such implementation. Lobis is one of the few OHM forks (or even one of the two currently, I think?) whose treasury is put to work, so basically we can afford it.
Such implementation lays foundation for further, successful marketing. Looking for collaboration with treasury and operations subdao.
WHEN: Implement it as soon as possible. We could keep it that implementation for 1 month up to 3 months (a thing to discuss). That period of time should be enough to establish more stable position.