SPS & DEC Buybacks Coming Sooner Than Expected

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In this video, I discuss why the buybacks for Splinterlands tokens may be coming sooner than many expected based on the recent invoice details from the team to the DAO. With the recent restructure, the business is operating at a decent profit and July actually brought in more than $69k over expenses. The DAO proposal following the restructure already provides a framework for buying back tokens and with the DAO sitting on over 4 months worth of stable coin revenue I think we may see token buybacks very soon.

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I feel like it will take a lot of buybacks since there will be a lot of selling pressure as people will likely sell a lot into strength if DEC or SPS goes up as a lot was bought much lower like if DEC doubles or SPS doubles many would likely sell 25% to 50% of there holdings to capture a profit and wait for the likely dip back and if not then they ride the other half further up.

I hope DEC kinda stays where it is and SPS rises as my SPS plots will get even more profitable in DEC terms and leave it that way for a bit then let DEC catch up so I can buy cheap DEC with expensive SPS and let it appreciate and also buying resources with cheap dec is great lol it makes the occupied boosted plots when they have high boost pretty good each of mine are doing like 110 dec per hour net which isnt bad.

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