Should Optimus adopt a halving cycle like Bitcoin has?

What is a halving cycle?

One of the most pivotal events on Bitcoin's blockchain is a halving, when the supply of new bitcoins—and the reward for mining them—is cut in half. Each halving reduces the rate of inflation and, as a result, pushes the Bitcoin price upward.

Should Optimus adopt a halving cycle like Bitcoin has?

The halving event is significant because it marks a drop in the rate of new OPT being produced. As the amount of OPT produced decreases, the price of OPT will go up. The price increase is then amplified by using Optimus' bot trading revenue to buy back OPT tokens from the market - further decreasing the amount of OPT in circulation.

What does this mean for OPT holders?

It means that over time, the price of OPT will go up. You won't earn as much OPT per day, but the OPT you do earn will be worth (a lot) more. It also means that now is a great time to accumulate, since OPT will become more scarce in the future.

What does this mean for the Optimus Protocol?

It means that over time, the OPT token will become deflationary. This will significantly reduce selling pressure on the OPT token. Less selling pressure means that there is nothing standing in the way of our bots' ability to push the price of OPT higher. Optimus will become the first ever DEFLATIONARY auto-staking protocol.