Great breakdown! I really appreciate how you clarified the SPS pricing — especially the point that it’s not a true “discount”, but simply the gap between the current market price and the implied $0.0143/SPS rate. That distinction was very helpful.
From my side, I’d add a few extra thoughts:
The fact that packs can also be bought with SPS and USDC is huge: it gives SPS more utility while reinforcing the DAO treasury with both SPS (for rewards) and stablecoins (for stability).
Compared to Conclave Arcana, this mini set feels like the missing piece, and the much lower number of packs makes it way more scarce and exclusive.
One thing I think is crucial this time is a shop dashboard showing packs sold, packs remaining, and total revenues in DEC/SPS/USDC (plus USD equivalent). In CA this data wasn’t easily visible, and that killed some of the excitement. Transparency + a visual tracker would build hype and even FOMO, which is exactly what the sale needs.
Overall, your analysis plus these elements make me even more confident that this proposal is a win-win for the DAO and SPS holders.
Thanks Meredorn!
I think that was the biggest issue - the "discount" is only when compared to assumed "Future Value" and of course if it never reaches that... you can always buy at a "discount"...
But with where we are in the overall Crypto Cycle... I think this is well timed!
But we shall see :)
(Come play Frontier if you haven't started yet 😃)