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RE: No-Brainer SBD Potato Top Up Proposal

in #sbdpotato4 years ago

Ok that makes sense...I didn't really think about it too deeply. I like the SBD potato idea, but I don't like taking funds from the Steem DAO to do it since I think there's a better chance of getting SBD to $1 by using those funds to help build good projects that encourage people to buy/hold STEEM.

In any event, I have another idea to help get the price of SBD up that I think might make more of an impact.

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Definitely room for different ideas and approaches, and nothing wrong with disagreeing on a particular usage of DAO funds, that's sort of the whole idea of the DAO. I'm not personally sure it is the best possible use for DAO funds, but currently a lot of DAO funds are unused, the idea here is for a good portion of the funds to eventually be returned, and increasing the value of SBD actually increases the market value of the DAO treasury (so more funds available to fund the sorts of good projects you describe). So I personally see it as a reasonable use at this time. If there were more immediate contention for DAO funding then I might feel differently.

So I support your disagreement, even if we disagree. ;)

The DAO funds are largely unused at the moment so I don’t think it is a bad use case for them especially since they will be sent back after. At anytime should the DAO start to look short on funds I would be happy to send it back sooner. Also remember Steemit promised to donate some funds to the dao which is yet to be done.