RE: SPS Governance Proposal - Establish BASE LP
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Why BASE, why is it better than ETH? Why not Solana?
It feels we should be given more info, maybe pros and cons and why one versus others. This proposal feels like it was thrown up with no effort.
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I ran several polls asking the DAO what was desired in relation to defi reform. Bridging to BASE was the winner over Solana. More importantly "why" is that CoinBase is supposed to be adding native support for BASE in the CoinBase app. So we could essentially get SPS via CoinBase for extremely little fees. This makes it much more accessible to U.S. users, where the majority of Splinterlands customers are from. This was pointed out in the first part of the proposal explaining why in the "About" section. I'll link the poll where I provided other chain options below.
As far as the proposal being "no effort," well I just can't please everyone. If I put too much information in there people complain and say I'm talking in circles and confusing them and it takes too long to read. If I put nothing but the contents of the vote people complain about that as well.
In an effort to avoid issues like this one, all of my proposals are reviewed by the three members of the DAO foundation and usually several other people before they go to a vote to ensure that they make sense and all readers felt this proposal was good enough to present to the DAO as written. I'm also always available to answer questions as I have been doing. Hope that clarifies things.
https://peakd.com/hive-104500/@clayboyn/sps-poll-should-the-sps-dao-consider-bridging-to-new-chains
you are probably right, can't please everyone. i just needed more info and wasnt in the mood to dig for it at the time.
From the United States, Coinbase offers purchase of USDC directly from USD (fiat) bank account. It is free. Also on the base chain, by Coinbase, any transfer of USDC to any wallet address on base chain is 100% free. If you make a pool USDC:SPS, and a bridge that uses this pool, one can move money directly from USD from the US to buy SPS. This is currently not possible in a feeless or limited fee way.
thankyou. I googled things that day and agree it is probably a good idea.
In addition to the points in the other replies, there is not currently any bridge option for SPS to Solana so that wouldn't be possible yet, while zkCross (the current bridging partner for SL) does currently support Base and can add it quickly and easily.
Thank you.
ETH blows.