You are viewing a single comment's thread from:

RE: SPS Flywheel and How to Get There

in LeoFinance2 years ago

I've got a fever...and the only prescription... is more flywheel (among other things listed here but it doesn't meme as well).
These types of discussions are incredibly healthy in a lot of ways and I'm glad everyone that spent time in the Mavchat today got involved. Sometimes it's healthy to hear why or why not an idea is viable or why others are far more against an idea than you are... rather than screaming into the void.
Removing as much DEC out of the system is a fantastic idea and the "DEC BONDS" idea is fantastic. Saving it for a future burn (good band/album name btw @fatjimmy) gives fomo as well as removal of the resource going forward. I personally would like to see the same deal available for all "bond holders" but could compromise if we had to for higher returns for bigger amounts--the only issue is that these DEC Bonds likely couldn't be split up if it's being used toward one person's land plot or whatever else a single user is going to use it for--so carrying a 20% bonus across the board regardless of the bond might be the way to go.
Other interesting unintended consequence of the DEC BOND which is pretty cool... burned cards get a 20% bump. That could be just enough if some people have cards "dying on the vine" and could be more beneficial to burn especially if DEC price jumps.
Fantastic discussion all that were involved thanks nealmcspreadcoofs for putting together our ramblings and of course adding greatly to the discord.

Sort:  

Other interesting unintended consequence of the DEC BOND which is pretty cool... burned cards get a 20% bump. That could be just enough if some people have cards "dying on the vine" and could be more beneficial to burn especially if DEC price jumps.

Not quite understanding this part. Do you mean the cards that would get staked in lands would get a 20% bump if you had a bond that you bought for a 20% discount?

Posted Using LeoFinance Beta

Sorry, i misspoke earlier to reply to this. If a card is burned, DEC is generated, and if that DEC is used to purchase a DEC Bond then yeah essentially a player would get a bonus on top of the normal burn value toward the benefit amount towards the future expense the DEC Bond would be used for.

Oh, I see.

Are many cards being burned these days? Or within 20% of burn rates?

Posted Using LeoFinance Beta

I would guess virtually none nowadays. More of them probably would if they were getting close 120% of the peg value created by DEC Bonds. That would be the hope of burning up most of the DEC available in game, but who knows? There are a fair amount of reward cards I would guess that are close to sale inside of that sweet spot if the bonus amount were indeed 20%, that of course would be the gigantic factor in all of it.

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below