RE: RE: SPS Governance Proposal - Restructure Ongoing Development Contracts
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RE: SPS Governance Proposal - Restructure Ongoing Development Contracts

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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 hurdle and there's a new pack sale now. Unless we can get agreement from top holders to start selling DEC/SPS or pulling funds out of liquidity pools (I don't think we can from the conversations I've had) then it's do something or just go until we run out of money, which means no Validator development, no Land development and I'd be gone too I suppose.

I ran the numbers even taking myself out of the equation entirely, the DAO still can't afford both JPTR and mancer to contract completion. Just trying to do my best to help offload some of the costs the DAO has taken on and hopefully get us net positive at some point in the next few months. I'd like to see bridging set up so the DAO can start capturing a few thousand dollars a month there at least. If we make some strategic LP plays, we may be able to start generating enough to cover both me and mancer, we'd need to like 4x our current non-spl earnings to do that.

We could do one sided LPs to sell tokens, we could try to work out promo card sales for stables or something along those lines. I've been exploring a lot of options to try to figure out how to get the DAO net positive, but yea it's way harder trying to budget $60k a month than it is under $20k a month. This proposal is what I was able to work out to help us better position ourselves to have the time needed to explore those options.