That's one point I do agree with, the whole 'too good to be true' thing. Talking to outsiders, that is one thing that immediately stinks of 'scam' in their eyes.
10-15 can be marketed to the normies as countering real world inflation, given that the UK's inflation is still at a wacky 11% (truflation.com). That's why 20% is nice for me personally cause I have almost ALL my money in UK savings and it is not nearly enough to counter the collapse of the country's value. 20% in a global economic crisis might sound too good to be true, but it SHOULD be bringing in a lot of people seeking refuge from global inflation.
It isn't because nobody is actually talking about it, as far as I can tell
20% is an amazing deal imo and should've drawn way more attention then it did. I'm just not sure how long we should continue to pay out this promotional cost, when its clearly still not working after a year. I believe we probably COULD continue to sustain this, I'm just not convinced we should . Given the reaction so far I'm considering just holding at 15% and reassessing in a month or two.
Yeah pretty reasonable approach but either way wouldn't accomplish anything noteworthy, 20% hasn't brought anyone in purely because there's been no push to do that. There's a kind of paltry, wannabe series of marketing attempts by individuals but nobody seems to actually know what they're trying to market and to whom:
Free speech? Decentralization? high APR? DPOS? democracy? Get Paid 2 Blog? Reddit? Web 3.0? Entrepreneurialism? Play-to-earn? All of the above? It's so scattered.
In that environment, you could set it at 150% APR and at best a small handful of crypto bros from other chains will notice a whiff in the wind either as a scam or opportunity.
I dunno. Spitballing.
15-20% is a nice cherry on top. Below 10% and it doesn't even overcome current inflation rates so not even worth mentioning but can still function as a normal background feature.
Pretty much where I am at with my thinking on it also.