In this video, I respond to a comment on my YouTube channel regarding the DAO's stable coin reserves. Now that we are in a position of having more capital coming into the ecosystem than leaving via company expenses, the question of how much in stable coins the DAO should be holding is an important factor to consider. I view this in terms of months of runway for the team's expenses, of which the DAO agreed to pay $2k per day from the amended proposal recently. Personally, I think having at least 4-6 months of stable coin reserves, which the DAO currently has sitting at 4.5 months, is enough to then start focusing on other areas to spend the capital like token buy backs or additional development.
Join Splinterlands: https://next.splinterlands.com/register?ref=aftersound
Connect with me here:
Instagram - https://www.instagram.com/aftersound X - https://x.com/aftersoundmusic YouTube Gaming -
Stream my music here:
Spotify - https://tinyurl.com/y3bxc5rd Apple Music - http://hyperurl.co/aftersoundapplemusic YouTube Music -
Posted Using INLEO