For the record, a LOT has changed since this original proposal failed 7 months ago:
- CL packs are sold out - they could be bought with DEC and there was a credit option since SPL would facilitate the DEC conversion. Credits and DEC are simply less intimidating for new users.
- at the time, DEC was trading around $0.00055 and large number of the vocal objecters were actually okay with the idea if DEC value were approximately equal - lots of people suggested pricing at 8000 DEC, etc. So I think many of the objections had to do with the perceived discount on packs
- we have lots more details re: Land and it will be happening SOON - possibly around the same time that we would be ready to implement a proposal like this
- we have eliminated other major sources of DEC printing, like LPs
- other items have been successfully repriced to DEC (blood and power stones)
- the community has more confidence that a wider variety of DEC burn sources are coming: (starter packages and buildings for land, guilds) and the flywheel seems more within reach
While a change to the whitepaper is always significant, I think the potential for negative consequences has mostly passed, while the perceived positives from pricing in DEC are still waiting. If we launched a new edition or mini-set, I'm pretty sure the overwhelming majority of our community would agree that pricing in DEC would be the way to go. Pricing in a constant token price is simple and user-friendly, it allows use of credits (aka new money). I would urge you to reconsider whether circumstances have changed enough and whether the benefits of having a simpler system and consolidating most in-game shopping around a single token outweighs that?
Well put, strongly agree!
Credits and DEC are simply less intimidating - agree, but Credits for a DAO sale I imagine are off limits (maybe someone could speak as to taxes here), would be a good mid term if possible, pay credits, SPL buys DEC at market, win win.
Suggested pricing at 8000 - most debates were around finding it somewhat acceptable at .95 or more compared to PEG (not .8).
Soon land - one more reason for this not to come (now anyway).
Eliminated other major sources of DEC printing - didn't help sufficiently so that reinforces this should not be done as proposed.
Other items have been successfully repriced to DEC - irrelevant.
Flywheel seems more within reach - same answer as 'Soon land'.
Thanks for the comment. Credits are converted by Splinterlands all the time as middleman to buy things on the market and deliver the DEC to the final destination. This is no different?
I'm indifferent to the exact price in DEC, as long as it's a FIXED PRICE, and ideally if they can incorporate the cost of a voucher burn as an upcharge or something. I'm okay with 5000 DEC, I'm also okay with 8000-9000 DEC (although that was proposed back when DEC was at 55% of the PEG, probably 6000 would be more equivalent)
"Soon land" isn't a reason for it not to come - it's actually a reason why we SHOULD do this... Let me tell you why I think that:
Let's say Land 1.5 will use a huge pile of DEC. At a minimum, it will 'encourage DEC towards PEG'. [Maybe, just maybe, DEC even breaks PEG for a bit, and some SPS is burned to rebalance?
But that's not the focus - let's look slightly past that. Once plots are loaded, DEC is more scarce, that's a good start. But we aren't going to have some surprise Land 1.75 to look forward to, to keep DEC on the ropes. We can't even expect relief from new Guild Buildings for a while, since we all pre-burned 500+ Million DEC and got ourselves lots of Guild Power. So we have to wait until Land 2.0, because there's not much in between.
So we should want to plan ahead, and set ourselves up now, while the near term outlook for DEC is mostly positive, and KEEP ADDING USE CASES FOR DEC to perpetually burn ANY new supply that comes on.
Maybe, if passed, they could announce that this change will take place one maintenance after Land 1.5 goes live, so the expectations for a "discount" are hopefully lowest.