Looking back at history, does every DIP proposal passing lead to a big rise?

Last time, I shared that the perpetual contract trading volume on the aggregator has fully surpassed spot trading ($743M vs $482M). What information does this convey?

The fee rate for perpetual contracts is inherently higher than that of spot trading, which directly increases protocol revenue and solidifies the value capture of governance tokens. The increase in trading fees and the rise in open interest are the strongest fundamentals supporting the price!

Today, $HOME has once again given the market an example! The DIP-005 proposal has passed, which means that up to 187.5 million tokens will be repurchased from the market at a ratio of unlocking 1 token for every 1.5 tokens bought back. Combined with the TWAP buyback mechanism of DIP-004, this means that every unlocking is a buying signal!

The result is very intuitive! After the proposal passed, the token immediately rose by 10% within the day. In the past few votes, the trend after execution has almost always followed the same script:

The proposal is implemented, the market confirms the buying logic, and the price is pushed up accordingly.

The contract has surpassed spot trading, not just a change in trading habits, but also an upgrade of the DEX economic model, while the governance execution of the DIP series is transforming these structural advantages into real monetary price performance!

I have to say that the Defi App is the best textbook on token economics and community governance that I have ever seen!

#KaitoYap @KaitoAI @defidotapp # Yap $HOME @doranmaul @bigironchris