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RE: SPS Governance Proposal - Bring DEC to PEG using Team SPS fund. by yabapmatt

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @chaoscommander/sps-governance-proposal-bring-dec-to-peg-using-team-sps-fund

· @yabapmatt ·
$1.16
A number of people have asked me what I think about this proposal, and I apologize it has taken me so long to weigh in. I like the spirit of the proposal which is to use DAO funds to buy DEC, but I think there are better ways than adding more SPS inflation to do so.

This proposal has made me realize that we need to publish more details about the DAO wallets and what assets are available. I am working on a post with more information about that which I think will help inform many future proposals around the use of those assets. I may even publish a proposal or two myself similar to this one.

@chaoscommander even though it looks like this proposal will not pass the informal voting period, it appears to be very well thought through and I think it will ultimately lead to other proposals that may end up passing and help the ecosystem significantly, so thank you for submitting it!
👍  ,
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@chaoscommander ·
I knew this had pretty much zero chance of passing to me it was worth it to open a line of discussion and I look forward to seeing more info about the DAO funds.  Thanks for all that you guys do!
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