ok cool. I hope the proponents reach out to you for your thoughts, and feel free to contact me anytime as well about the topic. I think something as big as this should have serious discussions.
Thanks again for taking the time to discuss Micheal! And have a terrific weekend too :)
I'd be happy to make some adjustments to the pre-proposal if you feel there are some tweaks that can be made to get some current "no" or "on-the-fence" people to vote "yes".
If you come up with some concrete recommendations before the pre-proposal period is finished, let me know via another comment here.
The SPS DAO will also allocate a budget of up to $2,500,000 of SPS and/or stable coins to pursue a listing with Binance or Coinbase.
So i think this will fail if the 2.5 million of it has to come from SPS at 3c. At 10c i think it will pass (or just offer stable coins if we have the available budget)
Another thought would be to take out coinbase have only Binance listing on the proposal?!
On a side note possibly looking at running another proposal for the DAO to sell off SPS at 10c to build up exchange funds. These funds could then be added to help pay for this. clayboyn has some good wording on this :)
Thanks for your input. I'll give it some thought and decide if I want to update the proposal again.
I do agree that selling SPS at 10c feels better than selling at 3c, but we don't know how long it will take for it to get back to 10c. Could be quite a while. However some separate proposal to lay out a strategy for converting funds does sound reasonable.
ok cool. I hope the proponents reach out to you for your thoughts, and feel free to contact me anytime as well about the topic. I think something as big as this should have serious discussions.
Thanks again for taking the time to discuss Micheal! And have a terrific weekend too :)
I'd be happy to make some adjustments to the pre-proposal if you feel there are some tweaks that can be made to get some current "no" or "on-the-fence" people to vote "yes".
If you come up with some concrete recommendations before the pre-proposal period is finished, let me know via another comment here.
i just read your updates provided - nice!
So i think this will fail if the 2.5 million of it has to come from SPS at 3c. At 10c i think it will pass (or just offer stable coins if we have the available budget)
Another thought would be to take out coinbase have only Binance listing on the proposal?!
On a side note possibly looking at running another proposal for the DAO to sell off SPS at 10c to build up exchange funds. These funds could then be added to help pay for this. clayboyn has some good wording on this :)
Thanks for your input. I'll give it some thought and decide if I want to update the proposal again.
I do agree that selling SPS at 10c feels better than selling at 3c, but we don't know how long it will take for it to get back to 10c. Could be quite a while. However some separate proposal to lay out a strategy for converting funds does sound reasonable.
ok , i edited my text a few times so hopefully you read the last cut lols