The standard is more than just a wordplay!
Don’t hide your light under a bushel!
It’s the most comprehensive framework for assessing the network and to trigger actions!
You remember this?
That was an attempt from an economical not very educated person like me, but your draft is much more concisely!
I don’t see a storm coming, but if you can agree with my assumption that more and more NBT from development funds enter the market (together with the still much too expensive NBT grants for liquidity!) the increased supply needs to be handled.
If if can’t be handled by genuine demand, artificial demand by offering park rates is for sure an option.
Alas, I can’t foresee the future.
My approach would be selling NSR before the trust in Nu is undermined and they can only be sold at worse rates.
You know that this is my stance ever since I started dealing with liquidity (at least for the most time): sell NSR early.
As there’s good arguments for park rates and for NSR sale and for both choices you can’t foresee the consequences, it boild down to a kind of religious thing.
To really calculate it, you’d need pieces of information now that will only be available in the future.
If the reserves are getting lower, I’ll start a discussion regarding NSR sale from FLOT NSR reserve, because doing nothing (NSR holders not even voting for park rates) would be the worst option.
