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RE: SPS Governance Proposal - Adjust Token Distribution Strategy

in #spsproposal25 days ago

I don't understand why we just don't lightly slow down emissions until things "take off" If this is all about economics then there are times when the SPS printer needs to be slowed and then increased. To me this is a time where it needs to be slowed. I'm not talking anything crazy either make it a 10% cut for now and we should see SPS prices slowly rise which to me would look better. This below 1 cent BS for a governance token makes it look like a joke to the outside world. We need action in increasing the price of SPS and holding it steady. Not increasing the emissions of it and diluting the value further.

I don't know everything going on though I don't think anyone really does but that's just my opinion and my thoughts on the matter. I'd love to hear counter arguments, graphs, stats and all the goodies.

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This is, in fact, a 10% drop in all emissions. Check the last table.

However, it does also inject new SPS into the reward buckets, meaning they'll carry on for longer, which is likely good for people looking for reward sustainability.

Well those sound like positive things to me. Sometimes hard to tell what in the world is going on lol so from the sounds of it this has my vote

It looks like Brave already addressed this, but yes it's quite literally a flat 10% cut across the board to start and goes down slowly over the following 3 years. Some of our pools would have run out in less than a year while others had 5 years of runway. This proposal aims to give us some sense of balance and continuity for rewards over the next 3 years.