As you are probably aware, the SPS is now re-activated as the first proposal gains more votes than the Return proposal https://steemit.com/@gtg/steemdao by @gtg
Congratulations to @the-gorilla for his SPS: https://steemit.com/@the-gorilla/update-steemit-com-interface-dao-proposal
And the payout is hourly, here is one:
I was voting but now I am a bit conservative. I want to see the outcome, basically, I want to be sure that the DAO funds are useful in pushing forward the development.
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!ask What is Steem SPS?
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Steem SPS stands for Steem Proposal System. It is a mechanism implemented within the Steem blockchain that allows stakeholders to propose, discuss, and vote on funding proposals for projects related to the Steem ecosystem. The Steem Proposal System enables community members to submit proposals for various initiatives, such as development projects, marketing campaigns, community events, or any other activities that could benefit the Steem platform.
Once a proposal is submitted, it undergoes a period of discussion and evaluation by the community. Stakeholders can vote on whether to approve or reject the proposal, and if it receives sufficient support, funding is allocated from the Steem's designated fund to finance the proposed project.
The Steem Proposal System is intended to decentralize decision-making and empower the Steem community to drive the development and growth of the platform by allocating resources to projects deemed valuable by the stakeholders.
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Hi @justyy, I was so pleased to see you as one of the earliest voters on the proposal, it gave me a real boost of confidence. I wondered if you could elaborate on why you've changed your mind?
Specifically in references to this:
This is more likely to happen with the support of the DAO funding, which will cease if others follow your lead.
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