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RE: SPS Governance Proposal - Generating Income Streams for the DAO by Adjusting DEC Burning Allocation

in #spsproposal5 days ago

I'm not sure if I support the proposal itself, but I definitely appreciate you taking your time and money to make the proposal. I think the person that was worried about you using ChatGPT is just not aware that you are spending your own money to try to make a difference that you feel is important.

So no matter what, I'm thankful that you made it and respect you for trying to solve issues to make our community stronger @rdkmedia

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Thank you Dave! To be 100% transparent: I discussed the proposal with @clayboyn before I published it. I would have payed for the proposal myself, but Clayboyn helped me with the publication process and offered to make this a DAO funded proposal, as it's concerning the DAO finances.

I would like to get some thoughts from you, if you want to share. Do you have any suggestion how this proposal could be improved?

Hope the hear you again soon in @thepeoplesguild podcast!

awesome that you ask me RDK!

I think the proposal itself is articulated well and has a consistent point - give 1/2 the DEC Burns to the team for their revenue.

I don't think you can make the proposal any more fair or clear.

I think the negative issue, as you also clearly stated, is that this slows or delays the mechanism for locking up the DEC, thus impacting our economy to a very small degree. The main issue I see with this is precedence.

While by itself its not a huge deal, people tend to try and repeat behavior on the "next" thing that comes up. By not clamping down on this and holding a firm line, then I think the fear is that the future proposals will also want to use the DEC being either burned or even worse in the DAO.

I tend to fall in the camp of being conservative and I prefer discipline, which sometimes means working out things with harder solutions. So while I think you have done a great job of identifying the problem and finding a solution, I think it would be better if we could find a way to 1) find an alternative to Matt's proposal (which you did well btw) and also 2) see if there are even better ways to find the money where we don't have to take it from either the burn or the DAO (for sure).

Sorry for the long response, but I wanted to give you the courtesy of answering your question because I really do appreciate your proposal, its structure, and the way you handled adversity in the comment section. You earned my respect RDK! :)

Thank you so much for your detailed feedback! I'm planning to gather feedback from the community and make some edits the proposal before it becomes a real proposal.

I saw that many SPS whales downvoted the proposal, but I hope that we can get at least an open discussion about consitent revenue streams for the DAO from it. Respect to you Dave :)