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RE: SPS Proposal - SPS.DAO should stake an additional 28,000,000 SPS for a total of 30,000,000 SPS

in Splinterlandslast year

The DAO should 100% be staking more than it is and were all missing out on GLX in the DAO which for anyone with a significant stake in the DAO for SPS should want the sps staked as well as in LP positions. Also I think diversifying the DAO asset holdings into 30-50% stable coins which will then be used to grow the DAOs ability to purchase more assets in splinterlands, TD, GLG etc as well as allocate a good portion to other assets such as hive projects like kapital dao, acqualis dao etc. Also after the stable coin portion that will be reinvested in stable coins plus invested in other assets that are riskyer, the remaining should be distributed as a weekly staking reward in what ever token like USDC or BUSD etc is allocated for distributions probably not much for until the first 5 years are up maybe 10% of cash flow as right now I would think in the bear market its time to accumulate other digital assets, traditional assets as well for a small portion. Allocating the DAO with significant safer stable coin exposure and using that to keep reinvesting in riskier assets as well so right now were not 100% reliant on SPP for cash flow. Another option is to increase it to 10 million or so and use some of the revenue to start buying stable coins overtime and use a significant part like half of the new revenue to purchase stable coins to be added to LP pools on various Defi protocals voted on by the DAO. Also would be pretty cool to set up a investment team that is in charge of coming up with and presenting strategies to the DAO to bring in more cash flow. Possibly the DAO could also invest in providing GLG cards via NFTY as well to get revenue from ppl playing the game but not enough to flood the market just have some presence. Also should maybe get involved in curation of posts as well for revenue can do some cool things with that.