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RE: Cut SPS Max Supply and Emissions

in Splinterlands2 years ago

While I appreciate what you're trying to do, I think this is the wrong way to go about it. With "supply and demand", cutting the supply side doesn't do much if there's still no demand. I'd much rather be adding in more use cases and reasons to want SPS than cutting supply. Personally I don't think the supply is the problem here at all, we just need more demand.

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We've been waiting years for more SPS use-case and at the same time players are getting huge stacks of SPS. There is no incentive to buy SPS people are earning it so fast. Even if more use cases come you want the emissions to be low enough people want to go out and buy SPS. I dont think that is going to happen when I can earn a few thousand a month. Maybe a strict emissions cut is more palatable, but I also dont want the SPS distribution phase to last another 3-5 years.

They should've just let people stake DEC for governance or something like that. I think we're going to definitely look back at this time and laugh about how everyone thought we could make so many tokens and that they'd all somehow hold value.