Add 1 ETH to FTM position

Proposal 040: Add 1 ETH to FTM position

Asset: FTM

Total Price: 1 Eth

When: Upon the passing of the proposal.

Why: although the position is down overall. The current FTM price is comparatively extremely cheap. The potential reward entering at this point is much higher than the risk as FTM price has near bottomed. Also, we want to DCA and this might be the lowest price we will get for a while. Nothing fundamentally has changed about this coin, completely FUD and we still believe in the mid to long term as the ecosystem is constantly expanding.

Bear Case: Continued bear market could cause the price of the coin to fall further. Alts could get crushed if Bitcoin counties to fall. The coin could potentially stay in a downtrend due to the current FUD (but I personally don’t think this will last for much longer)