How Many Riftwatcher Packs Do We Need To Sell To Get DEC To Peg?

in #hive-13323last year

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In this video, I cover just how many Riftwatcher packs we would need to sell to start moving DEC back to peg.

The basic assumption is that getting below 4 billion DEC circulating on Hive would start to move the needle, but under 3 billion is where I believe we would feel the true supply crunch and therefore push demand back to peg.

200k packs = 1 billion DEC locked up in the DAO, which means that we would only need 300-400k packs sold of the remaining 2 million. If the proposal to start burning packs passes, I believe this can push us there quickly. Land 1.5 coming out should help as well.

Exciting times ahead!


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I would love to see 1 billion DEC locked away in the DAO with Riftwatchers. That reminds me that I still don't have enough myself. Hopefully Land comes around soon, so I can take some profits from there to get some Riftwatcher packs. !1UP