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RE: SPS Governance Proposal - Reduce SPS to DEC Conversion Fee

in #spsproposal8 days ago

I randomly had a discussion with deepseek about this topic couple of weeks back and it felt that 975 dec for 1 dollar worth of sps was quite optimal for the ecosystem and warned that changing it from 975 to either direction should not be taken lightly and only after careful consideration. I'm not saying that this is good or bad or that deepseek understands everything, but I do agree with it, that this kind of massive changes to the sps burn system should be very carefully considered, argued and not simply rushed into.

This would mean that arbitrage starting point would move from previous $0,001025 DEC to $0,001005. This would make sure that DEC hovering value would be lover on average during peak demand stages potentially triggering arbitrage bots to turn on the engines more often.

This should encourage more sps burns at least short term as the dec price doesn't need to reach as high, but it would also make DEC more inflationary as it is cheaper to mint.

Is the fee burned or does it go to DAO?