I support this proposal primarily because of this amendment to the original.
the Council has worked with the Splinterlands team to make sure any tokens spent for this purpose are fully replenished by the selling of future mini-sets.
While I'm no expert on the value of exchanges, I've heard positive things about their potential impact. But since 30m SPS ($900,000 at current historical SPS prices) is a lot of money, I was hesitant in the first attempt to pass this.
Now with this commitment by the SPL team, they have significantly reduced the risk. It might take time to get our SPS back, but whether we succeed or fail with the listings, we have a plan to replenish the funds.
I urge everyone to consider this fact. Most of us are not experts in crypto, but we can evaluate risk and reward. And with all investments in life, the goal is to make decisions that give you the biggest upside for the lowest risk you can.
I'm voting for it now!
Hi Dave,
The only somewhat convincing argument I've hard for doing this now is "probably cheaper now than later".
On the other hand, at this point in time the DAO itself is a fiction and it really ought NOT be doing
anything at all until its legal standing is resolved.
anything at all cos an unstructured dao is effectively a partnership, so ALL sps stakers are exposed to joint liability risk.
Re the proposal itself, should we not have final say on specific listings, not just leave everything up to BFF?
I could happily support this proposal if the above issues were addressed but as things are, supporting it is a tad reckless and definitely premature.
Given the risks, please at least have a serious rethink about your vote and influence.