Overall, I believe this is a good way to foster relations between the Hive and Splinterlands community, because simply put we need each other to survive.
Some people (myself included at some point) believed the Hive community owed Splinterlands for simply existing on Hive, but the truth is both entities make each other better. Splinterlands would not exist if it wasn't for Hive, and the witnesses that actively confirm blocks. Hive would likely have a much smaller community without Splinterlands.
This is clearly a mutually beneficial relationship so I personally see no issue with the SPS DAO having more exposure to the performance of Hive, thus aligning incentives more closely.
Notes:
- As an SPS treasurer, team member and largest SPS staker, I am happy to support the process of purchasing Hive via Binance as the DAO does not have access to Binance. I will report all transactions associated with the purchase to ensure transparency.
- It should be noted that the convert option has a 5% fee, it is much better to buy HBD on the internal market slowly over time
- Another positive is as per #160, all HP on sps.dao will also be added to the @steemmonsters curation trail, thus enhancing the upvote power of Splinterlands related content on the Hive blockchain and our governance power for future DHF proposals.
RE: SPS Governance Proposal - DHF Agreement