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RE: SPS Governance Proposal - Price Riftwatchers Packs in DEC

in #splinterlands2 years ago (edited)

Neutral, There are benefits of pushing DEC to peg and moving pack sales along.
At the same time, we could just apply this change to future card sets and leave RF as is.
From an affordability perspective, it would diversify holdings for some players who may shift from CL dec packs to RF dec packs.
Would want to see how the team calculates that this will kickstart the flywheel effect of high DEC demand causing buying and burning of SPS tokens.

If this proposal were to pass, all DEC tokens spent to purchase Riftwatchers packs would go to the DAO just like the SPS tokens, and the staked SPS token holders can decide what to do with them, whether burning them, providing liquidity with them, or anything else.

Having a Dao that has DEC and SPS seems interesting from a long-term perspective though

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DEC is never going to peg, the team evidently haven't a clue how to do it, they might as well quit pretending they do, or hire some seriously smart economists to oversee it. I've been in this game over a year and DEC has never been at peg even once in that time apart from the brief moment when it crashed through the peg having previously been above it