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This is also what I understood from the debate a little while ago where someone basically said that floor price and peg are not the same.
It could easily get confused with each other IMO.
So it is extremely weird that the SURGE yield has stopped too.
But then again, I'm not all that surprised that it got to this point.
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I am not surprised that the price got low and wouldn't come up. Not enough capital out there that knows about it for it to reach a true price equilibrium. Only whales could afford to keep buying after the initial run. And they were getting a steal of a deal (myself included 🤣 )!
I am surprised they turned off the yield. The buybacks may bring the price back up some, but that might not be lasting. Hopefully at some point sooner than later @leostrategy will just turn the yield back on and let it ride. They are paying the same yield either way.
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