@cryptoeater SPS.DAO proposal, and why I vote no

Hi,

since @clayboyn stepped into his role, we have seen an increased activity on the DAO proposal for Splinterlands. There are some interesting preproposals, on some I need to dig deeper, to make up my mind on them, to analyse the benefits of them. On one, the one of to minimize the bot farms, submitted by @bronko, I even discussed with him before addressing the idea to the community, as I find that players of a game shall invest in cards, if this cards bring profit. It is a commitment to the game and ecosystem.

But not that one I want to speak about. @cryptoeater, who is by any means a whale in the game, with almost 10 million SPS and almost 20 million CP on this account, has made an intriguing proposal, that can be checked under this link.

On the first view, it might sound fair to pay a fee for an unstake, to react on the market moves as 7 days, or 4 weeks, are definitely long for a market change.

After giving some thought, there is the question, why do we have this unstaking period. Well, it is simple, to protect the value of the game assets, and assets is the right word, as if SPS might face a major sell off, all other assets are going to be affected by it, starting with card prices. @gank outlined it very good in discord today, it is easier to pay a premium and take 95% out then losing 60% if the pressure is high.

As the economy is connected, card prices will plummet. I understand @cryptoeater, as cash is king and on high volatile markets, the cashflow makes the profit. But is this quick profit that profitable in the end, if the game will struggle to recover?

We had a difficult summer with Splinterlands, the company and general development was at risk, now we might have hit the tipping point and are in an upward trend. The whole ecosystem is still fragile, and December will be for a lot of people a low budget month, due to Christmas. Rebellion will launch in December and some will double think if they will get a fancy gift for wife and kid or buy 50 Rebellion packs. Imagine what happens, if people start dumping SPS to buy Christmas gifts now.

If the majority of the stake holders will want it, I would propose two changes to the proposal:

• Make it linear, like if you want the money now, get only 5%, and bring the scale to 100% if you wait the full period. Add this slider as an option. This will bring some thinking before going for the fast period.
• increase the time proportional by the time reduced if SPS is powered back up, for in game rules, like if you want the SPS now, you can profit and gain from it, in 4 weeks.

The above post is taking in account the latest events and the market swings, where the whole system can be put at risk.

How do you see it?

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