Obviously everyone has their own interpretations as to their motives.
On the expenses, you either believe Yaba or not when he says he has enough runway for 5 to 6 months.
If you think both of the points in your first 2 paragraph, then I don't think number 3 is much of a consideration. If you don't really mean what you said in the first 2 paragraphs, then my answer would be that in order for the DAO to ever have any meaningful money to help the game, then the game's assets have to be of value. Otherwise the small amount of stables we have are meaningless in the bigger picture.
I really don't think they have the funds to be honest. I think they have a ~6 month runway but that isn't a runway where they are still okay with cash, that is a 'we are operating with massive debt and taking our final breaths'. I have a feeling the 6 months is when we would need to file for bankruptcy/restructuring etc and Splinterlands is done.
Yes, the game assets will need value for the DAO to be meaningful but as of today they are not. If the DAO liquidated, the token prices would plumet and likely never return. As such, the DAO really can't 'afford' to be using its SPS/DEC to be buying stables as that would exude sell pressure.
That leaves us in a position where the stablecoins are the DAOs only 'current' tool. While we are still in a bear, SPS to pay promotions, partnerships, etc is not an option. One day sure, SPS might have enough 'real' value to be able to exchange and not cripple the market but we are not there.
I think this type of action is fine in the future but right now it again seems like a really poor time to be trying to be innovative and groundbreaking with how we operate.
Further, when the market is in a better place to take such groundbreaking steps, I again think this should be a set contract fee and not a profit share. If we are 'hiring' the company to development that is it, they develop, we reap the sole rewards. They are wanting their cake and to eat it too.
Thanks for the reply and we will find out in the future just where everything stands. I'm obviously a bit more optimistic than you, but we will both find out together in the future!