We're going to have a DAOn Hall in 12 minutes to discuss it in the Discord server and on the DAO YouTube channel.

You can check the pool in question at the link. #1250953 What happens is it only has one token when it goes beyond that range. This actually happened with the other DEC:USDC pool when DEC fell below peg.

I understand not everyone likes change. There have been plenty of proposals I don't personally agree with, but that's part of DAO governance. I'd like to point you to the section of the whitepaper that

SPS:Swap.HIVE = 900,000 SPS per month SPS:DEC = 700,000 SPS per month DEC:Swap.HIVE = 200,000 SPS per month These are rough estimates, they should be decreasing by 1% a month. so they're all a bit lower

It means that to get DEC over peg you'd have to buy everything in the position. If demand pushes the price of DEC beyond that point, then you'd need to be buying SPS to burn for DEC. You'd then have about

Anyone can make a proposal to do so. Probably more efficient to make a poll first.

It's 50/50

We can do whatever the DAO wants, my suggestion is to target the highest volume tokens as possible if we're going to try to triangulate arbitrage through the SPS token. That said, strategically targeting

Thanks

Don't really see how that's a high volume token on DeFi platforms.

Anyone that would like to can make one. If there's a lot of demand we can have a DAO vote to make one. In my opinion, we need trackable volume that can show the wider crypto world that the token is healthy.

Yep, this is probably the best way to "sell" DEC. Let the team trickle it out for credit purchases. They can use the cash to pay the devs. We don't have to market sell DEC or SPS.

No sticker, but maybe a cookie.

2.5 months it's made about $4,700. Not enough to cover this for sure. Usually we just compound it.

When this proposal was put up, it wasn't an issue. It became an issue with subsequent proposals like the DHF agreement to buy a million HIVE and 130,000 HBD, which was still fine. Then the DAO passed a

It's possible. One of the main points here is that the team is going to have to make up the difference or work out a streamlined contract themselves. Simply put, the DAO helped get past the biggest financial

That sums it up pretty well. Basically we don't have enough non-SPL assets to fulfill all outstanding obligations, so instead of just running out of money, pushing the DAO to sell tokens or pulling liquidity

I'm pretty sure they'd prefer to keep the contract going and to extend it into the future. The problem is the DAO is not in a position to do that without selling tokens or pulling liquidity out of pools.

I definitely don't think it could wipe out the DAO. Let's say the DAO put out 5 pools with 50k of third party tokens and 50k of SPS, we'd be exposing 100k which while extremely unlikely, could be lost.