Proposal 10: Resources Through Staking or Holding

OBJECTIVE Determine whether or not the community wants to move ahead with earning resources through staking or through holding.

STAKING PROS Setting up a staking contract has a lot of positive connotations to people in the nft space. Thoughts of passive income (no plans for spc liquidity pools at this time), earning utility tokens etc. people see staking as more of a commitment from the devs, as well as more of a commitment from the community to the project. People feel more secure being a part of a project with staking. Also the thought is that generally there will be less pirates on the market if we have staking.

STAKING CONS That being said, staking will cost money. One staking contract, no matter how many pirates you stake. You can stake or unstake individually as well, for a cost. 


HOLDING PROS Saving money, this is the bottom line. If we don’t need to stake, why should we stake. Everything that we need to do can be accomplished off chain, salt and resource generation specifically. We also rarely have close to a hundred pirates for sale at any given time, so the staking aspect is not needed for this.

HOLDING CONS So it comes down to optics, people both on the inside and outside may feel better about the project if we offer staking. Plus there are aspects of our roadmap in the future that may require staking anyway so we may just be kicking the can down the road.

SUMMARY So it comes down to a vote, as it should, from members of the DAO. Do we generate resources through staking our pirates, or do we generate our resources through holding our pirates?

MAJORITY WINS 
Quorum of 100 (so even if we hit a majority vote, if less than 100 people vote, the proposal fails)
 Users can now vote; voting period of 24 hours 
Voting weight is based on how many SPCs you own i.e. 1 SPC = 1 vote or 10 SPCs = 10 votes.
 Voting is not hidden (so your address is publicly visible to your vote)