DAO Sponsored Proposal
The Splinterlands team has requested funding for a Bitcoin Halving Promo. I've gathered a lot of sentiment and talked to both the team and many key players in the community to determine an alternative approach that should be able to gather more support. I've ran this idea by @yabapmatt and he's agreed to these terms if this proposal passes.
The company is currently having to buy DEC or SPS to burn for DEC off of the market. The SPS DAO is running out of stable coins and will be left with limited options on how to replenish them, which will ultimately lead us to the likely outcome of selling DEC on the open market. This proposal aims to create an opportunity for the team to get the DEC it needs to keep operating without having to buy DEC or SPS on the open market and for the DAO to reduce it's DEC exposure instead of spending its stable coins without having to sell DEC on the open market.
If this proposal passes, the SPS DAO will hire Steem Monsters Corp to build a Bitcoin Halving promo event as outlined in this post with one key change: The SPS DAO will pay Steem Monsters Corp $200,000 worth of DEC instead of 3rd party stable coins as originally requested. All other details of their original proposal will remain unchanged.
Voting for this. Now can we put one up to compel the team to include card burning too?
I'm also in favour of relaunching the card burn event
Thank you for participating in SPS DAO Governance @clayboyn!
You can place or monitor SPS Stake Weighted votes for and against this proposal at the link below:
Link to this Pre-Proposal
Updated At: 2024-03-28 07:38 UTC
The Dao Is out of stable Coin founds because of exaggerate useless and dumb proposals passed, i dont get why dao has to pay every stuff of splinterlands team, like a milking cow
the payments are supposed to at least most of the time be for part of costs to produce a product that brings in revenue like we did the first time and we got much more back i belive in that case. The DAO would be responsible for helping fund its proposals for changes it may want to make that would cost the company money if its a change the DAO wants done why would the company be responsible as a investor in both it would be like milking a cow and the company is the cow if the DAO didn't pay for some or all of what it wants.
There also is no dao for the game with no game or company to do it. I mean the dao could buy the game but with what funds the things it would buy would be illiquid at least at first and then they would need to run the company and game and the dao can barely do what its doing now. They frankly need to pay the company to implement changes they want and can choose to be smart and if the company did need funding many think about it bc if it dies so does the dao as this dao doesn't really have much outside of SPL stuff. I would like both to survive so i keep my investment value so lets not be to crazy here and do what is best for the entire group that is SPL. I as a shareholder have already had to make sacrifices to my income in SPS allocations that went to rewards for things so its not like the company has not made sacrifices to keep this going and I'm a minority shareholder not a decision maker but these things impact my finances on both sides and would have really liked my additional sps allocation but see that it was necessary to forgo it.
Shareholders would like net income also for there investment the DAO isnt this thing that just can demand things be done without a cost being paid.