do anything that would increase sell pressure.
When nft > omi is enabled before the MTL, people might cash out through omi. This will increase sell pressure massively due to this specific MTL ‘delay’.
Isn’t it in the best interest of the company / VEVE to delay the MTL a bit till after the immutable-x migration and the introduction of nft > omi so that the first wave of users will exit gems through omi?
In this way VEVE doesn’t need to send back usd to users (and keeps them), while users will utilize the workaround. And even worse, VEVE is openly advertising with this...... veve will keep the usd and omi is getting a hit.
Why wouldn’t the company wait for nft > omi, till the MTL is implemented while at the same time, omi > nft is activated?!?!?
Thanks for your reply
nft > OMI wont be before MTL. the MTL is almost there now, just integrating with banking partners, so the MTL going live wont impact OMI at all, it will just let users cash back to their bank accounts
Thanks man! 💯 🚀 no negative sell pressure on OMI
no worries. We've been at this for a long while now, and will always implement strategies to support the token
@chase_4D nft > omi won’t be before mtl so pls explain what you mean with what you just wrote
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