This is a SPS DAO proposal request from Hive account@lordbutterfly.

I have been considering for the last few weeks how we can get the Splinterlands DHF proposal to pass.
What I came up with is a mutually beneficial agreement for both sides with parameters set based on discussions between Hive and SPL stakeholders.
The goal was to find a common ground that would secure votes from the Hive side and secure DHF funding for the Splinterlands side.

What this proposal is not:

This proposal is not another chance for everybody to voice why they think the SPL DHF proposal should or should not be funded. We did that already. Remember?
What it lead to is the proposal being short of passing the return proposal and not getting funding while its slowly expiring.

You are all right and make amazing arguments. Splinterlands should get funding and Splinterlands shouldnt get funding..
So lets put that to rest. Anyone starting these arguments will get a nice little dunce cap in the comment section from me.

Youve been warned. 😉

What this proposal is:

This proposal presents a clear path to receiving the wanted funding while satisfying both sides in the equation.
The only question the SPL community voting on this SPL proposal needs to ask themselves is:

Do I want to get the DHF proposal funded or not.

The parameters below will not change nor will they be adjusted as they have been discussed in length to meet what those providing the Hive vote see as equal reciprocation. The parameters below were also proposed and agreed on by the other side as an amount that doesn't pose any significant risk to the SPL DAO as it is in most part simply a value transfer.
If this does not pass, anyone attempting to change the agreement is free to do so on their own while the DHF proposal is in the process of expiring.

Now is the chance for everyone to have a say if they agree with this or not.

THE PROPOSED AGREEMENT:

• The SPL DAO will stake 1 million HIVE for a minimum of 24 months. (Unless there is some systemic danger for SPL and the funds are needed asap). Currently held HBD will not be used to buy the Hive. Only ETH from treasury and or USDT/USDC. The staking will happen over the course of 3 weeks to assure, the unlikely event of return proposal being raised again during that time, doesn't happen.
  The Hive purchase price will be set at the market price in 2 weeks when the SPL DAO proposal finishes its approval process, at 1 mil HIVE bought if price is not higher than 25 cents. If Hive price is above 25 cents, the max purchase in USD terms will be 250000 USD. (two hundred and fifty thousand dollars)

• 130k USDT or 130k USDC will be moved into the Hive stablecoin - HBD via Hive conversion. HBD has "basically" unlimited liquidity and this is a very easy step to take. There are no specific requests regarding this other than holding HBD instead of USDT in that amount. Spending it is ok.

• SPL would add on all DHF related marketing spending on every promo material, video, graphic, (where possible) a small print "Powered by Hive" along with Hive branding in a visible place inside the game website. Size unspecified.

• Full transparency on how the DHF received funds are used will be provided by the Splinterlands company.

• Assurance the Splinterlands company will not request more funding from the DHF unless there is an agreement that this current marketing campaign is deemed as a success by the stakeholders providing their votes to SPL proposal in the amounts specified below.

• The Splinterlands DHF proposal will be voted in the minimum amount of 4 million HP from Hive stakeholders. Add to this the 1 million purchased Hive by SPL DAO.

• Hive account@cryptoeater, as the largest SPS stakeholder will provide trading and transfer services for bought Hive and HBD. The staked amount will be added to the Hive account@sps.dao account to follow the Hive account@steemmonsters account's governance voting and curation trails. The HBD will be bought by 3.5 day conversion from Hive.

• In case the Splinterlands proposal is unvoted and is not receiving funding, the SPL DAO is only obligated to purchase/keep the percentage amount of Hive/HBD equal to the percentage of the HBD received from the date of this agreement commencing.

Why the Splinterlands stakeholders should support this proposal:

1. Moving ETH from treasury into Hive and USDT into HBD is a value transfer. Treasury portfolio value stays exactly the same.
2. Moving ETH into Hive stake provides 10% + 3.3% APR + the requested DHF proposal amount.
3. Receiving the funds in the amount of circa 433k USD as is active currently in the DHF proposal.
4. Closer integration with Hive and more say in both governance and DHF spending for the SPL community.
5. Assurance that the proposal passes return proposal right away instead of hoping it might in the future, if it ever does, when the amount is far lower.

Why the Hive stakeholders should support the SPL DHF proposal if this SPL DAO proposal passes:

1. Net negative financial effect for Hive becomes close to ZERO. At these prices 310k USD enters Hive. 430k HBD is paid out to Splinterlands. 1 million Hive is removed from circulation. 130k USDT buys Hive and converts into HBD reducing Hive inflation.
2. This is the first and only time anyone has offered purchasing almost the equal $ value amount of Hive assets as they are requesting from the DHF.
   NOT A SINGLE OTHER DHF PROPOSAL comes even close to this value, financially speaking, for Hive stakeholders. This sets a precedent and should be fully and entirely encouraged and supported in every way.
3. The SPL DHF proposal is close to passing as is. By refusing to vote if the SPL DAO proposal passes, Hive is put under great opportunity risk as no assurance of Hive/DHF purchase is made in that case.
4. Added promotion for Hive through SPL marketing activities funded via DHF.

Final thoughts:

This is the middle ground where no one loses and we all win. Dont get me wrong. There is risk. There is always risk. We cannot anticipate the movement of the wider market going into the future but at this point in time, which is all that matters, this is a win-win situation for both sides.

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If this all works out.. You all owe me a bear at Hivefest...

Oh you think it was a grammar mistake and I meant beer? No... Bears. Real ones. A lot of them. A whole flock of bears is what I want.
But if you cant find them, a beer will do.😉

Update 8/21/24

Update 8/21/24 to clarify the wording in previous update.

Update 8/21/24