How is $OTHR backed
An overview on the various ways $OTHR is backed
$OTHR maintains a static peg, whereby each $OTHR is physically backed by a value to be determined post-copper, providing price-assurance and stability to investors. In addition, $OTHR is a pioneer in the concept of 'yield-backing', whereby each $OTHR token is backed by sustainable and perpetual yield. These two forms of backing combine to make $OTHR the first yield and asset-backed governance token.
The static peg works by automagically selling Otherdeeds from the OtherDAO treasury in order to maintain an arbitrary price floor to be determined post-copper, should the price of $OTHR ever fall below said value. This physical backing works to give protocol participants added confidence in the OtherDAO, in addition to the yield-backing $OTHR inherits.
Put simply, the price of $OTHR should never fall below this arbitrary value due to the static peg.