RE: RE: SPS Governance Proposal - Replace DEC LP Rewards With SPS
You are viewing a single comment's thread from:

RE: SPS Governance Proposal - Replace DEC LP Rewards With SPS

Words
50
Reading
1 min
Listen
Play
4y

jokeruz@jokeruz
convert sps
image.png

but because it's a fixed number of dec you get, it's only worth burning when dec is roughly at the peg. when dec is above the peg you even make a profit. this is to make sure dec always stays roughly at the peg like a stablecoin
sps burn.png