My question is how many 'punishing' DEC buyers would there be, and how many licenses would be sold before the DEC discount got negated? At current DEC prices, that would be millions of dollars of DEC to sell out this tranche (if my math is correct)? I think a few people may get a DEC discount, but it may be worth considering ripping that bandaid off since license sales should continue on for a long time. Is the market cap for DEC on tribaldex correct ($1,705,163.11)? How many DEC discounts would people get before the price of DEC shot up? I suspect not a whole lot. How many people are waiting in the wings with 5.9 million DEC ready to pull the trigger on more licenses? 2.9 billion/5.9 million is 500 licenses. So just shy of 500 would sell if you spent the entire circulating supply of DEC on HE at current prices on licenses? Even with that I think you might get a few takers. Going down the DEC richlist, there are only 28 accounts that could spend 5.9 million, let alone 9.2 million.
As an aside, the last license on HE sold for $1582 (~50% of tranche one). There is currently one listed for $1770, so I'm not sure why anyone would want to pay DEC or SPS retail for them in the first place so long as people are selling them for significantly less. If you were going to list them at all for DEC, now would be the time to do it. You'd be lucky to get a buyer lol. I wouldn't make the same arguments when it comes to RW packs because they are a different animal, and I wouldn't even consider selling them for DEC until the impact of DEC license sales is felt. RW has much smaller delta between retail and the secondary market btw, which would be a good reason NOT to discount them on the retail side.