I think a few months back, some were suggesting in Discord that the DAO needs to find ways to make money, but others shot that down. I guess when we look at it this way, we really do need more funds. All these high cost proposals are not really helping.
There is no simple way for the DAO to make money. DAO can't trade successfully. It is a holding company, not a hedge fund.
Yeah, I agree. I wasn't even suggesting the DAO tries to trade, since there's too much risk. I was thinking more along the lines of putting some of the assets in our own LPs. The DEC:SPS pool seems relatively safe since both are SPL assets anyways. Since the bull market is coming up/ongoing, we can convert a few tokens that will moon to HBD and park it in Hive Savings to earn some interest. I think some of the problem was the large amount of funds they want to allocate. Even a small amount can go a long way. For those that don't want the DAO to earn, the earnings can be used to buy SPS and burn it when DEC is at peg, then burn the DEC as well. I think it is just a shame that a lot of the funds are just sitting there. We can also rework our NFTY arcade setup, and just take a 5 percent share. The DAO can also rent out SPS.
TLDR: I had a quick search online, and Holding companies still earn money. Dividends from subsidiaries [maybe LP equivalent], leasing assets and equipment [rent out cards and SPS].