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RE: SPS Governance Proposal - DHF Agreement

in #spsproposal5 months ago (edited)

I was on board with this until this section
"130k USDT or 130k USDC will be moved into the Hive stablecoin - HBD via Hive conversion. HBD has "basically" unlimited liquidity and this is a very easy step to take. There are no specific requests regarding this other than holding HBD instead of USDT in that amount. Spending it is ok."

Too much A$$ kissing and I trust USDT and USDC more then I trust HBD to hold it's peg value. Thus it's too much of a risk. I don't get why this was thrown into the mix it makes no sense.

The other negative to this is we are "buying" our votes which is a little weird and there's no guarantee that the proposal would hold funding. Someone could easily remove their vote from SPL and put it on the return proposal so we are doing ALL of this buying of an asset that doesn't believe in supporting one of their most popular apps.

This also doesn't address the core issues with the proposal and that was mainly people seeing no clear plan with the "marketing" marketing proposals have never done well and this proposal would have been better IMO if it was focused on how we are integrating onboarding to hive as well from the players coming into the ecosystem. Because lets be honest a lot of players don't blog, thread or anything like that they most likely don't really know they have a hive account. They can primarily do everything they need to via Binance, pancake swap, wax or internal of the game and never touch hive.

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HBD conversions gets you always 1 USD worth of Hive.

You trust a centralized entity thats behind USDT more than the decentralized blockchain you personally own?

I mean, to me it seems like a no-brainer that reserve is held in HBD. Or have we stopped caring about this stuff.

that doesn't believe in supporting

Staked Hive has no belief system, its not an entity, its not human, its not anything at all.
The proposal has 29million HP voting and is short a tiny amount. Hivers exist and you cannot say they dont care about Splinterlands precisely because so many voted.
You can point fingers at certain whales and name them easily that wont support it. But you cant point your finger at Hive.