Splinterlands: How Matt is Trying to Save SPS
We discuss the theory behind the proposal for the SPS DAO to receive 50% of the funds from Rebellion card pack deals. A sweetheart deal too good to be true? A rugpull in the making? Or perhaps a genius way to add value and utility to the SPS token?
Reference Link:
July 26, 2023 SPS DAO Treasury Report: https://peakd.com/splinterlands/@sps.dao/sps-dao-treasury-report-ryeri0
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Thanks for sharing! - @alokkumar121
I think this is a smart move to continue down the road of decentralization and shift the funding source from company to DAO. I'm excited for this new method of funding expansion sets and I hope that the variable amount time-sensitive card release is better than the previous system of a fixed amount with a burn mechanic added.