https://youtu.be/Fpxihz0GjTA
In this video, I talk about how the flywheel - burning SPS for DEC based on demand for DEC - is going to be paused with the passing of proposal for the upcoming mini set for Conclave Arcana. In all the excitement about new cards and locking up SPS in the DAO, there is also the very real and tangible side effect that the flywheel will effectively pause for the next 6-9 months.
With the team receiving 1.2B DEC from the DAO and eventually recirculating that back into the liquid supply, I find it very hard to see DEC reaching peg anytime soon unless we get a tremendous amount of new players all looking for Conclave Arcana core packs.
Regardless, the amount of SPS and USDC we can potentially take in should be worthwhile and I'll talk about that in a future post.
What do you think?
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