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RE: Stop DEC:USDC LP Incentives and Deploy DAO Liquidity to Pool (EDITED)

in #spsproposal • 8 months ago

Can not support as:

  • No plan for what happens if DEC is below 1000=$0.93. Consequences could be very extreme.
  • DAO can mint SPS as a when it sees fit. Bundling in giving itself 200,000 SPS per month seems to diverge from aim of proposal and could be separate proposal

I like the general idea, would even vote for more than 200k add or option to slowly build up liquidity to larger amount over time.

8 months ago in #spsproposal by
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     8 months ago  

    There will still be heavy liquidity on Hive-Engine for when DEC falls below $0.00093, there will just be inefficient trading on BSC. With the DAO's liquidity, it will also mean it makes it significantly harder to fall below $0.00093 anyway.

    However, I could add in a term to include a $10k LP between $0 to $0.00093, this would mean people can still trade, the price impacts would just be much higher than before.

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