You are viewing a single comment's thread from:

RE: SPS Governance Proposal - Convert Unused DAO Token Holdings into SPS

Basically I think you're getting things out of order. Let's get DEC to par, then everything else can follow logically.
Somebody has to buy up DEC for it to reach par, why not have all of us do it collectively by using our DAO funds?

Sort:  

As I've said, I'm not opposed to the DAO getting DEC off the market. Getting DEC to peg is critical. The problem is that I don't want the DAO to be buying and holding DEC. It should burn it. I also don't think the DAO can buy enough DEC to really move the needle, but it is what it is. We'll just have to agree to disagree I suppose.