JOIN THE FIGHT! LET'S REDUCE THE SUPPLY OF DEC!!
Let's start a movement brothers and sisters!
We need the supply of dec to go down, for a more healthy economy around SPS. I have an idea to support the decreased supply of dec, but we will need dicipline!
The plan is as follow:
We use our SPS staking rewards, to buy 50% DEC and keep 50% of it SPS. Then we will put it in the Liquitidy pool of, DEC-SPS. We will take a vow to not take the dec/sps out until 2024!
Also we will continue to use our staking rewards + liquidity rewards to keep buying up some dec and increase our position in the liquidity pool.
Of course you are still allowed to use your staking rewards ect for different purposes, but let's do what we can to support our economy! Post your positions in the Splinterlands community! Feel free to tag me!
Support from:
@methodofmad
@thebighigg
I raised my position from $1.85 to $4.21
Week 0 $1.85
Week 1 $4.21
Week 2 $9.80
Brothers and Sisters! join me! On a quest to reduce the supply of dec!
lets do this!!!!
Will you join us? If so I will mention you each week!
of course, please
Very nice! Welcome aboard!
This is a good idea. 👍
Yes Sudeon thank you. Let me know if you will join us this year for a dec lockup!
I have a question. What's the difference between using SPS-DEC pool instead of DEC-SPS?
As far as locking up DEC, wouldn't adding to either pool result in the same amount of DEC lock up? If so, then I would rather use the SPS-DEC pool since the APR is so much higher. But I have a lot of ignorance in liquidity pools, so please let me know if it makes a difference for your initiative.
I believe it is the same Pool. In the past this was to indicate difference in DEC rewards and the SPS rewards, but now it is all SPS rewards.
Yeah, I couldn't find a different pool. It's funny to me that the APR is so different when it is listed as SPS-DEC than DEC-SPS. I'm locking up every week from now own!