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RE: SPS Governance Proposal: Swap BUSD/USDT For DEC

in Splinterlands • last year (edited)

thanks for the proposal.
in my opinion dec is the right choice. because we are helping to finally get the flywheel moving, the faster dec disappears the faster people have to burn sps to get dec.

but i think busd should be there too, because we should get rid of them as soon as possible

last year in Splinterlands by
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     last year  

    I agree, but the proposal was shot down the first time, and one of the most common reasons was the volume was too high. BUSD is the first stable being used in the proposal to buy SPS, and we don't have very much of it. I went with the stable that is being used last in that proposal and that we have the highest quantity of.

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     last year  

    problem with busd is that it has to go now because Binance announced that it will stop BUSD support until february 2024

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     last year  

    BUSD was always my least favorite asset that we held anyway. We should get off that sinking ship.
    Maybe not in the same proposal, though. Creating the lowest barrier to entry is probably a good idea since this didn't pass the first time around.