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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 $200k in buying power for the people burning SPS and selling it into the position.
I discussed this at length with several people familiar with defi over the last week or so and they all agreed this was the way to proceed.
There's also still the .00083-.00104 position as well. So realistically DEC would have to go 4% over peg to run out of DEC to buy, and then like I said if that happens people will be buying SPS and burning it for DEC to sell into these positions for the 1-4% gain.
RE: SPS Governance Proposal - Restructuring DAO LPs