RE: RE: SPS Governance Proposal - Convert Unused DAO Token Holdings into SPS
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RE: SPS Governance Proposal - Convert Unused DAO Token Holdings into SPS

RE: SPS Governance Proposal - Convert Unused DAO Token Holdings into SPS

I’m not a financial man, so I can’t calculate the precise consequences of conversion, but as explained the proposal seems like a sound idea.

I do however have a question about the choice to convert ETH and HIVE:
Regarding ETH, wouldn’t it be prudent for the DAO to keep some ETH as a less volatile reserve?
Regarding HIVE, wouldn’t selling HIVE put pressure on the stability of the chain we’ve built SPL on?

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