SPS DAO Treasury Report
The purpose of this post is to update the Splinterlands community and SPS token holders about the SPS DAO Treasury's holdings. The treasury is spread across multiple blockchains and accounts, so links to each wallet will be included to allow readers to validate these holdings. I will aim to make one of these reports monthly for as long as I am the SPS DAO Project Manager unless there is overwhelming demand to create them more frequently.
BSC Chain
ETH Chain
HIVE, Hive-Engine, In-Game
Link to Wallet
Link to Wallet on Hive-Engine
Link to In-Game Balance API
Totals
LP Rewards
Outstanding
Notes
The crypto market giveth and the crypto market taketh away, we're down about $300,000 in Non-SPL assets from last month due to the pull back on ETH, BNB and HIVE.
Our SPL assets have jumped massively this month due to the token minting in preparation for validator launch.
After the token minting we're now at about 79% of the DAO's assets in SPS and DEC, but again this change is directly related to the token minting.
The DAO has now earned a total of $28,172.57 in fees on its LP positions. While it may seem like only a $2,000 or so increase this month, it's important to keep in mind that the value of all of earned assets also went down with the market pullback. So LPs are still doing a good job earning for us.
I've updated the outstanding obligations to reflect the payments made by the DAO in the last 30 days.
Thanks for your hard work Clay!
I appreciate these updates and everything you do for the community :)
(This is directed at you) 😁
lol thanks
Thanks for sharing! - @azircon
good work Mr Clay. Keep doing what you do
$7.6 million dollars under DAO management
No short term plan
No medium term plan
No long term plan
It is absolutely nuts.
What is the plan for the 1.1 million hive we hold. How much funding as a % did we not receive from the DHL funding proposal due to Hive voting rules ?
Are we going to suggest to Matt to provide feedback to Hive community on how the funding has been used and ask him to go for another DHL funding round? In return we hold the hive longer.
Are we just going to hold it permanently and keep Hive holders bags nicely pumped?
Are we going to sell some next time I see 'we've made shit tons by holding hive' posts in discord?
There are many other areas we could do with planning in advance, futures rewards, how were going to get the funds for T1 exchange listing etc etc
Nah, Instead we discuss daily or weekly rentals and market rental price manipulation as its not where we'd like it to be.