And I hope that in the future there will be a provision to hold a certain number of SOV tokens to participate in IDO on Sovryn to increase the price of SOV tokens.
yes, it will be another use case for the SOV token. You know there is only one use case right now, Staking.
And it is also a fact that the reward of staking is also quite low. However, I do not doubt that sovryn is a good project and it needs to be given time now so that things to be done.
I'm holding it for the long term
It looks like the project is slowly dying already. I bought it at $30+ but now I'm losing lol Proves this isn't as strong as I was told. Did Pomp also dumped his stash?
It's now below its starting price. If Bitcoin wouldn't be getting out of its bearish market, Sov might die before the next bull run comes. I think it will be down to $8 soon just like all the defi projects that also went down.