Main issue with this token is that I don't see enough drivers for demand.
- I'm assuming that there is some sort of staking involved, but it it's difficult to figure out who stakes which currencies for what reason. Would be great to have a schematic for that.
This is their revenue model:
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10% of interest goes to Treasury
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0.5% withdrawal fee from "senior investment pools"
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Secondary market revenues planned.
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Their revenue goes to the treasury where I assume it's mostly used to pay for team salaries. It doesn't seem to have an impact on token price, which it would have if it would be burned or distributed to token holders.
I would still buy some of this token at the current price because I think it's a solid project and given that it's a DAO I think the tokenomics can be adjusted in a way that it drives up the value. The token also seems to have bottomed out, barely fallen in 90 days and hasn't fallen in 30 days.
(Sources:
