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RE: SPS Governance Proposal - Bring DEC to PEG using Team SPS fund.

in Splinterlands2 years ago

Probably wasn't the right time to propose this. Need to wait to see what the DECB and land potions can do for DEC. I'd rather the team's SPS sit right where it is doing nothing than entering the market.

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The beauty of how this is written is that if passed once peg is hit everything stops. So if DECB and land potions (if done at all) make a massive impact then this wont burn much DEC at all. The DAO has the power when it comes to SPS so even if we burn a ton into DEC there is nothing preventing us from minting more SPS (except ourselves)