The Ideal DAO Stable Coin Reserve Amount
In this video, I respond to a comment on my YouTube channel regarding the DAO's stable coin reserves. Now that we are in a position of having more capital coming into the ecosystem than leaving via company expenses, the question of how much in stable coins the DAO should be holding is an important factor to consider. I view this in terms of months of runway for the team's expenses, of which the DAO agreed to pay $2k per day from the amended proposal recently. Personally, I think having at least 4-6 months of stable coin reserves, which the DAO currently has sitting at 4.5 months, is enough to then start focusing on other areas to spend the capital like token buy backs or additional development.
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STOPAs an OG in Splinterlands that I've joined the Alpha presale before the game got out, I really appreciate some positive news about the tokenomics. I think if that gets sorted out, regardless of bull or bear market this game can spread its wings again.
Amazing you've stuck with it for so long but I do hope it pays off. I agree 100% now that expenses are below revenue, the DAO/team can actually get the tokenomics in a better spot simply by making an awesome game that doesn't need a bull market to succeed.