RE: Proposal to Add Liquidity Pool Rewards for Arcade Colony & Genesis League Sports Pairs with Splinterlands

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I will be voting no on this proposal for the following reasons:

  • This is clearly not an even trade for the Splinterlands community, 10 million SPS is worth MUCH more than 5mil COLONY + 5mil GLX
  • From my understanding, the rewards for SPS stakeholders is because the GLX project (and thus by extension the AC project) used some resources from Splinterlands to build, and the rewards is a means of reimbursement to the Splinterlands community
  • The AC/GLX games are basically just the Splinterlands community anyway, Splinterlands cannot gain new community members from AC/GLX thus there is no reason to reward SPS at this stage
  • This proposal gives more utility to GLX/AC ecosystem tokens while increasing SPS inflation, so overall a net gain for GLX/AC and net loss for SPS

I would also like to point out a few flaws in the "benefits":

  • This proposal would only have a tangible effect on the liquidity for AC/GLX ecosystems, and a negligible effect for the SPS ecosystem in terms of liquidity
  • The added utility for SPL assets (SPS/DEC) is at a MUCH higher cost in terms of SPS inflation

Overall, this is not a good deal for the Splinterlands ecosystem.

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No from me as well.

For now.

We are actively trying to cut SPS inflation. Clay is leading the effort.

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his is clearly not an even trade for the Splinterlands community, 10 million SPS is worth MUCH more than 5mil COLONY + 5mil GLX

This can be upto debate on how much rewards should be allocated.

From my understanding, the rewards for SPS stakeholders is because the GLX project (and thus by extension the AC project) used some resources from Splinterlands to build, and the rewards is a means of reimbursement to the Splinterlands community

Teams are now purely separate as invennium is now a separate entity fully owned by splinterlands.

The AC/GLX games are basically just the Splinterlands community anyway, Splinterlands cannot gain new community members from AC/GLX thus there is no reason to reward SPS at this stage

In short term yes, but as more games are onboarded onto these platforms they could serve well for splinterlands ecosystem.

This proposal gives more utility to GLX/AC ecosystem tokens while increasing SPS inflation, so overall a net gain for GLX/AC and net loss for SPS

To your first point amount can be updated to a feasible number. Also deacresing inflation doesn;t always result in price appreciation but it's the product demand which need to grow. Right now the demand for SPS is at full peak because of no new money/users coming in. That might not be the case in future.

The pools benefit both ecosystems equally as the pairs are 50:50. It's upto debate how much should be the SPS amount allocated. These pools already locked DEC and SPS, and are also serving for users who want to participate in both projects with long horizon.

Thank you for the your feedback and suggestion. I'm excited on what we are building and let's hope for the best on what these ecosystems can do. We will just have to wait and see.

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Agreed the last thing we need is more milking and this is milking even more since Colony was airdropped it's just going to bleed the system more right now. We need VALUE added not constant airdrops and we need a damn game 😂

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