Suggestion: Please decrease the deposit fee for the mining pool of Owl tokens. The 2% is very huge especially for mid tier investors like me because the APY is just around 60% which will took 20 days for my investment to get bck the 2% I loss for the deposit fee and another 20 days just to have a 2% gain while the value of the $OWL tokens is very volatile. Just implement a fixed lock in period so that you can assure that holders will gonna hold the tokens staked in the pool.
I agree with this one, didn't managed to compute that but yes for mid tier investors this could be a problem for them imagine waiting 40 days before you can actually start having a profit and consider that in 40 days the price of the Owl tokens will keep increasing but that's not what happen in real life all coins are volatile so I hope the Owlgames could consider lowering their deposit fee for low to medium tier investors?
It's very hard for them to adjust now the rate because there's already investors that staked there token and pay the 2% deposit fee. Maybe they will introduce another pool for a much lower deposit fee but lesser reward rate to solve the high deposit fee issue and to be fair to all the old stakers of the token. So far the token is performing because there's no one withdrawing funds due to that deposit fee but once most of the stakers already got an ROI, maybe the price of the token will be affected and that is the perfect chance to calibrate all the charge fee in general.
The feedback is very much appreciated, indeed changing the deposit fee for this pool wouldn't be fair to previous stakers. That said, there's another pool in the works that will be coming up soon and our team will take the suggestions on this thread into consideration, thanks again for taking the time to let us know your thoughts.
