Splinterlands Proposal to end SPS Airdrop Claims & Send Unclaimed SPS to DAO

Proposal is a such a nice way to see what the community thinks about something and if the proposed change is ok or not. if the change is good then there is a high chance that it will be supported by the community but if not then it will not get the support so it is completely community driven and no individual can make a difference in this. there have been multiple proposals in the past that got rejected because the majority of the community did not support and at the same time there have been multiple proposals that were supported because the proposed change was good for the game as well as the community.

Proposal for SPS Airdrop Claim

There is a proposal in the game to end the airdrop claim for SPS and it is open for voting which will close in 4 days. Its been almost two years since the SPS airdrop launch and still, there are a good number of tokens lying in the pool and people haven't claimed it. As per the proposal currently 33 million tokens are pending for claim and this is a huge amount but it is right that there has to be some cut-off and if these tokens are not claimed by then the balance will be sent to DAO treasury. Below is the link to the official post connected with the proposal and if you want you can go through this to get more details about it however I believe this is a good proposal and I support it.

According to our records, there is currently about 33M unclaimed SPS which, if still unclaimed by July 26th, would go to the DAO treasury if this proposal is approved.

SPS Governance Proposal - End SPS Airdrop Claims & Send Unclaimed SPS to DAO

Proposal Status

the proposal has already been supported by 83% of people which means it is approved anyway however I have also supported the same because I believe this should be implemented. The voting window will be closing in the next four days and if you think that it is a good proposal that can add more value to the game ecosystem then I believe you should also support it because the majority preference will be shared and more percentage will clearly show that it is a needed proposal and this has been implemented because the community wants it. the voting power is provided to those who hold SPS in the game account and this is how the power of SPS comes in place so the more you hold will bring more power to you to support or reject the proposals in the game.

Market Fee Proposal

There is another proposal lying in the queue and that is also supported well. I have not gone through this proposal for details hence I have not voted as well because I do not vote for something that I am not aware of however I will check this out to see what changes it is proposing in the game and how the market fee increase will add value in the game. I do understand That the tokens need to have some value in the game and with multiple initiatives the team is trying to achieve it which I think should be done but it might take some time. the market is an important component in the game and adding some additional percentage as the fee might not make some players happy because it will be like a cost to them but again if it is good for the game and the majority thinks it is ok then should be ok because it is going to be implemented anyway.

Burn Event doing great

The burn event has been doing well a total of 458 tokens are burnt in less than 3 days. There have been multiple instances in the past when we have seen the Community power in the game and I believe this is another event where people are killing it because they have burnt a great number of tokens in very less time. It's always good to participate if are organized to add value to the game and I believe with this event we are going to see much more value addition in the ecosystem in the long run. I have never seen any kind of burn initiative other than the chaos legion packs in the game and I like this initiative because this is going to contribute to a better economy in the game. The burn of our chaos legion packs was necessary because of the higher supply and with that, this initiative made things better in the game by keeping a balance on the pack's supply.

the above snapshot clearly shows the total number of tokens burned including DEC and DEC-B. The burn event has not even completed three days so I believe in the coming days we can see even more tokens getting burnt so looking forward to seeing how this number will grow up and I expect that we are going to make it 500K tokens burn easily in the event and this is a huge amount.

[images are taken from splinterlands website]

Thank you

Posted Using LeoFinance Alpha