You are viewing a single comment's thread from:

RE: SPS DAO Mints Promo Card for SPS Stakers

in #spsproposallast year

I agree with the proposal except we need a portion to keep re investing in other assets like stable coins and very heavy in the beiging to build it up so we always will have a steady income stream that grows and also do it with btc, eth, paxg, and any other quality coin with a futures contract on the ICE or regulated markets for futures where you can short them to make LP positions like WBTC/BTC market neutral and basically mine btc or really earn lp fees but might be worth looking into bc i think were at or near a bottom and if we diversify as well we can have a better shot at hitting some massive gains with less risk as well as paying regular staking rewards other than sps like say we stake xtz run a staking as a service node and distribute xtz as it comes in or own a small portion of private real estate or other things that will offset any taxable income from the dao staking sales or right away depending. Also another great thing for the DAO to do would be to do a bulk buy instead of relying on giving those profits to guilds and other organizations why not just have the DAO buy the packs on a date once commitments are received and this way the DAO can set up a more secure way of doing it and have one with a go to best deal and transparent fees from the DAO so we know exactly how things are done and where every cent goes.