Starting DEC in the credits.for.dec account: 212,192,132 (+ 500,000,000 resupply September 14th)
Remaining DEC in the credits.for.dec account: 419,739,997
DEC in the sps.dao.revenue account: 13,278,142
30,000 USDC of DAO revenue was used to buy back the following tokens which have been sent to the DAO:
30,000 USDC for 71,941,169 DEC
Total output: 207,232,824 DEC
sps.dao.revenue balance sent to sps.dao here. sps.dao.revenue balance reset to 0.
Notes:
For the month of September we started out with a credit of $109k toward the September expenses, which is more than the $60k needed.
30k USDC was used to buyback DEC in accordance with the restructuring proposal.
We have a current credit of $159,342 towards paying for the $62,000 needed to cover October expenses, meaning we have about $97k surplus after spending $30k on DEC and advance paying $62k for October.
We have a net outflow of 207m DEC after accounting for the very limited DEC revenue (no major sale) and including the buyback tokens transferred to the DAO. The DAO currently has around 500m DEC between the in game DAO account and the credits.for.dec account. We also have 285m DEC on BSC. With upcoming sales, we should not be in serious danger of running out of DEC this year. Buybacks will continue regardless.
There are some large sales drivers on the horizon which should make it easier for the DAO to recoup DEC. Once we're able to offset the DEC outflow and recoup our DEC, we'll be able to start buying back SPS and replenishing stables. Ideally we could see DEC hitting peg before the next core set with the launch of land 2.0 and some decent sales leading up to the next core set. Overall I'd say things are moving the right direction and we should stay the course.