You are viewing a single comment's thread from:

RE: DAO Deposits Stable Coin to HBD Savings, using Interest to buy & burn DEC daily

in Splinterlandslast year (edited)

I like this, it's a balanced hedge that is sustainable and makes the DAO work for the benefit of all while not placing as much risk and doesn't invite bad actors to exploit as the benenfits will be gradual and ongoing. I also appreciate that you took the time to actually respect the DAO and not want to throw all our Stable Coins at this idea and leave 50% for other proposals that would seek to improve security of the Dao via diversification. And the benefit gained from this proposal cannot be interpreted by or correlated to your weight or position in terms of your holdings. Really appreciate this effort @holoz0r. You have my SPS in support. It's not often I give a Yes to a vote, pretty sure this will be only my 3rd or 4th!

Sort:  

I appreciate your input on this. It's a compromise, and some feedback I heard the other day was that "the only thing wrong this is is that its too sensible".