RE: Ending DEC Reward Payouts for Uniswap LPs
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That was very insightful. Covid hit hard and that backlash would be finished FINALLY by next month so after that, it's like what you said, invest. I'm gonna get me a good deck and with Splinterlands Dev finally putting a help in the Rewards pool to make sense, it also makes sense to grind away again. As long as the rewards offset the rentals, Splinterlands would be playable again for poor ol people like me who like the game but have financial concerns atm.
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If you are interested I am starting a outpost the goal to make a investment club starting around splinterlands and in order to start it up I actually found a way to just get ppl in for free lol. Cant beleive I did not put it together I have been doing it for 10 years. All every new member needs to do to say meet a 500 minimum is a few bank bonus referrals I will provide to them as I will go through pick my fastest easiest ones that add to 700 bc of taxes lol and put them on a list for any member as part of the process of signing the operating agreement etc. Then you just depoosit the funds later and once the bonuses are received in full you will get all accrued distributions and accesss to change the accounts private keys that I make for everyone in the club to receive there distributions separately so it is very clear who received what. I will have financials as well on Wave Accounting that everyone can view as well as everyone can verify via the HIVE Chain. Since I can literally just spend a hour or two with everyone getting them the 500 bucks by using a few bonuses then everyone will literally get in for free up to a pont of 90 ppl. I probably will need some people to help lead with me and you will be compensated just like me via the Founders units vs seed units as you would be doing additonal work. The Founders units compensate you with equity and a promoted interest reuturn like most syndicaitons do. The only fees imposed on the first 90 members will be reminbursement for actual costs. Then Series A where we go to raise capital from say Republic via a separate project with the group as the GP and the new members are only members of the new acquisition pretend its a building our group would own the GP interest so all 90 people will get rewarded for being early members. Any seed member also will be moved to F units if they end up contributing more than they thought warrenting extra compensation. I will take half of my bonus as I get them to for everyone and put it in the DAO treasury for us and the other 250 I am taking as compensation but that should start us off with 22,500 contributed by me to the treasury from the bank bonuses of the first 90 members so that we can start off with a solit 60-70K to invest with and then we can just use that to delegate SPT power to everyone so they can vote on the groups posts. Also the extra money can be used to bring people into Splinterlands. Once we get the outpost up and going I will e-mail Matt and talk to him about what we are doing and see if we can implement my other Idea which is having a Custom SPL Group Metal Blockcard for all of us along with the LLC having one as well and useing the points to save up to get the CRO card at 8% cash back. Then we can do some cool things with it. Also if anyone does not have the coinbase card get it. There is a reason for it and you all will love it. I am just not saying publicly bc ppl will take the idea. I dont think many think about it this way.
Also I am a Shareholder of Splinterlands as well so I may be able to get some discounts and other useful things to help us make analytical tools. I had talked to Matt a while back about getting a live data feed for each card so I could make a trading indicator.