Sorry, but I think I should contradict.
For you it is "negligible" ?
Have you done the calculation ?
Alone with leaderboard-prices in one format and I counted only the three highest leagues Champion, Dimand and Gold their are 3,28 million DEC, means when also calculating the lower league and consider that this pool exist for both (modern and wild) format we reach propably 7 millione dec and this means by a season of 14 days 500k DEC a day, so if 500k DEC a day is negligible why you do a proposal to burn 500k DEC / day ?
To be honest I don't want do now the calculation for tournaments, also cause this is a question of exchange-rate between DEC and SPS, but I guess leaderboard price + tournamnet entries will have approximately the same effect than your proposal.
That's a fair point, I had not done the calculation myself.
However, replacing DEC with SPS for season rewards has issues of its own. For example, where would this new season reward come from? We can't just mint SPS out of thin air and wherever it comes from, we will get a new set of unhappy people with reduced rewards.
Hello, thank you for your answer.
When I read this here:
https://docs.splinterlands.com/splintershards-sps/providing-liquidity-sps
and count together the 4 liquidy pools than they get a reward of 5.25 Million SPS but 7.5 million SPS are allocated, so IMO 2.25 million SPS are "free" - even if this 2.25 million SPS is every month and the 7.22 million DEC is every season we would just need arround 500k SPS (to the actual SPS/DEC-rate) to replace all leaderboard-prices with SPS or I have a mistake in this calculation ?