RE: RE: SPS Governance Proposal - Sell 2B DEC-B for DEC or Vouchers
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RE: SPS Governance Proposal - Sell 2B DEC-B for DEC or Vouchers

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4y

I totally get your point and agree, overall.

But let me speculate a little bit.

Right now market cap for VOUCHER is around 500k$ and for DEC is 3.5M$. There are 150k plot trading at 118$ each.. so roughly land plots have a 17M$ market cap. We can assume each land owner will have to spend 50% of plot value in buildings and upgrades.. and that 50% of that will be burned tokens (total speculation here, just to have a hint of the order of magnitude involved). There are out there millions of $ of potential sinks.

I think DEC-B is all about timing. Sinks will be available during 2023 but if economy twists earlier is better for everyone.

I think some sink will require VOUCHER and other DEC. So i would have preferred introducing DEC-B and VOUCHER-B... keeping stuffs separated. But people don't want new tokens.. so I understand this semplifacation and aggregation.