Thanks for the response. I 100% expect this to pass so I appreciate the effort to talk about it with a lone dissenting voice.
I worked out the math on the impermanent loss and you're right. We'll probably only lose about 3-5%. That makes me feel better about that. I do think it is critical that we get out of BUSD asap.
I wish I understood the objection players have to the DAO holding DEC. Its not like the DAO isn't already holding multiple other coins, but again, you're right. There will be objections to that.
So my last issue is really my first issue, but until DEC hits peg, the whole burning SPS thing doesn't matter anyway. That makes it simply philosophical whereas the DEC pool right now would help some people bring money in (or take it out).
OK, I'm changing my vote. I still don't love it and would rather any of the other options I stated but I do want this money out of BUSD ASAP.
Thanks for doing the math on the impermanent los, i know it should be that bad but i hadn’t the correct numbers on hand.
Yeah same, i just want it out BUSD, and with this i think i could get a fast consens.
Thanks for taking the time :)