SPS Could Use A Burn Event

In this video, I discuss why it might be beneficial to have a one-off burn event for SPS. There are currently too many tokens in circulation in addition to too many being minted every single day. This is driving the value down dramatically and by putting utility directly into the token instead indirectly through DEC, we can accomplish 2 goals at the same time.

What do you think?


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The more I think about it, the more I agree. We are opposite to push and shove and the moment as there is too much SPS coming in for everyone I think.

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Doing this now instead of a DEC burn event would actually help way more, especially if we were to get any new players in.

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