RE: First SPS DAO Proposal Which May Be Updated After Feedback, Before Going to a Vote
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I think the issue here is the liquidity of DEC and how to reduce the amount of DEC circulation and the use case of DEC to burn more DEC than creation.
And with the exchange rate of 0.8DEC for 1 DEC-B, there will be more DEC-B than burned DEC.
If I swap DEC to get DEC-B, I also have the same concern about the use case of DEC-B.
So I'm not interested to see another type of token but more about the use case of DEC instead.
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You would effectively reduce DEC in circulation because DEC is burned in the process. Yes, more DEC-B is received, but that is soul-bound and cannot be traded or transferred. Only used for the limited use cases it will be designed (and approved) for.