Here is my thoughts on Mantra DAO OM token.
The project has great fundamentals, working team of developers.
This year they expanded influence in to Africa.
They staking platform is operational, jump start for new projects working perfect.
Basically, fundamentals are great.
Considering conservative risk management, lets say we put 0.1 ETH into OM, its 1270 OM todays rate
You can stake with 33% APY.
Lets say it will take 1 year for OM to reach ATH you will get about 400 OM from staking and it will worth 2.8 ETH
This is great ROI for 0.1 ETH
Will price stay the same, you make some from staking and swap it back to ETH.
The project has great fundamentals, working team of developers.
This year they expanded influence in to Africa.
They staking platform is operational, jump start for new projects working perfect.
Basically, fundamentals are great.
Considering conservative risk management, lets say we put 0.1 ETH into OM, its 1270 OM todays rate
You can stake with 33% APY.
Lets say it will take 1 year for OM to reach ATH you will get about 400 OM from staking and it will worth 2.8 ETH
This is great ROI for 0.1 ETH
Will price stay the same, you make some from staking and swap it back to ETH.
its a good project and good team, I guess some good news would help.
I see little tiny bounce, almost invincible on this chart, very close to the bottom...
can it go even more down?