Will Buybacks Help DEC Get Back To Peg?
In this video, I respond to a comment on my YouTube channel regarding the potential buy backs the team and DAO will be able to engage in now that expenses are low enough that revenues exceed them. The way I see it, it makes sense for the DAO to buy SPS to extend rewards into the future while for the team they should buy DEC. While many others are optimistic, I'm going to hold off on that for now. I'm not trying to be bearish for the sake of being bearish, but I do want to see what the appetite for new money coming in is going to be these next few months as the team adapts Modern brackets and then launches the next core set later this year. Long term I think this will be great but until we have some major catalysts there is quite a bit of DEC (and SPS) out in the ecosystem to absorb.
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