The purpose of this post is to update the Splinterlands community and SPS token holders about the SPS DAO Treasury's holdings. The treasury is spread across multiple blockchains and accounts, so links to each wallet will be included to allow readers to validate these holdings. I will aim to make one of these reports monthly for as long as I am the SPS DAO Project Manager unless there is overwhelming demand to create them more frequently.
Link to Wallet
Link to Wallet on Hive-Engine
Link to In-Game Balance API
Bridge data should be on a 30 day ongoing basis going forward. We earned $646.07 in fees between 11/15 and 12/15.
I need to organize the treasurers to claim the LP rewards and HBD interest to lock them in. LP claims are time sensitive as the pools adjust, so the LP fees you see are an accumulation of a few months.
The moves to start converting BNB to stables and locking up a lot of our funds into LPs is helping to mitigate some of the damage from the crypto market pullback, but we're still down about $85,000 in non-splinterlands holdings for the last 30 days though.
About 84% of the DAO's holdings are in DEC and SPS.
At the current rate it looks like we'll still be able to execute setting up the HIVE LP on BASE if BNB doesn't decline too much more over the coming weeks. We still need to sell 30 more.
Our ETH is roughly holding its price compared to last month, but still down significantly from the recent market top. If we get another leg up this cycle, we may want to consider converting some of the ETH to stables as well.
