YGGSPL SubDAO Reinvestment Guidelines

Currently the DAO has idle assets that are not being utilized effectively. This proposal will provide a framework for allocating assets more nimbly, ensuring they do not spend time sitting idle when lucrative yield opportunities are available. First, the reinvestment committee proposes the DAO establish a target asset allocation for the DAO's assets. This will help maintain a diversified portfolio and provide clarity on where to reinvest our revenue. The proposed asset allocation is as follows:

33% SPS 33% Cards 25% Land 9% Validators

The reinvestment committee may adjust these numbers within a range of +/- 5% as new information comes to light. In order to work toward this asset allocation over time, the reinvestment committee will be given authority to:

1. Open existing and future packs in order to rent cards and better fulfill the budgetary proposal allocating the DAO's rental revenue
2. Sell up to 80% of current voucher holdings and 80% of recurring voucher income to fund LP positions, HIVE for HP, or other Splinterlands' assets
3. Reinvest SPS income from LPs into purchasing nodes, compounding into larger LP positions, or purchasing and staking SPS
4. Position our strategic DEC reserves in LPs to generate yield

In order to provide transparency, the reinvestment committee will provide a monthly summary report of all purchases and sales made using DAO funds.