Should the SPS DAO get more involved in the DEX side of things?
The fees earned from trading SPL assets by the current set up milks money out of the SPS ecosystem and those fees go to a company that is owned by people that own SPL inc as well as some that might not to but the profits do not go into SPS and if there is some benefit the benefit could be much more if the SPS DAO or SPL inc had its own DEX where the profits would directly go into the SPS token or game development which brings in players and leaves more wiggle room for cash needs as well as offers a buy and burn solution for the profits to help the fly wheel. Right now those fees paid to swap etc and also deposit and withdraw do not help the SPS token or any SPL asset value. I just think the DAO should look at setting up a DEX for SPL assets even if it clones the current system and offers its own version as its open source it would at least be jamming those costs back into the value of the company, token, assets etc and not at the expense of maybe not having enough money to do certain things like for one they could provide much better tax reporting for players which is currently a nightmare and the solutions are costly even for the data if you are active and if you are not, your activity is minimal etc then you dont really care or probably worry about reporting as it would not be material enough to bother with but for people like me its a absolute nightmare and I have already spent on data for reporting what I earned in fees or revenue this year just to get the data as most people dont know how to code and extract that info. I will be learning bc i want to but its a big turn off for large new players that would not want to learn this stuff and I like this type of thing and it has made me scale my operations way down in the game so i dont need to worry about it going forward as its taken me probably 1000 plus hours already to reconstruct my transactions from the data available and cost a decent amount to pay for reports that if was going back into the value of the SPS token or SPL inc i wouldnt be as annoyed since it would be going at least partially to something I own and would contribute to either my stock in SPL going up in value or SPS going up in value or more of the assets going up in value as using profits from that to burn more sps or improve the game increases the price of SPS by having more burning and also assets as people would have a higher sps value to use on assets in game as well. It would just basically re direct all these fees being sucked out of the SPL ecosystem to a few ppl or companies that take fees out of SPL and that value does not go back in at least not like it would if it was structured differently.
If we ever want to grow are player base as well as the activity level and retention it would help to not have a very complex and annoying process to get information for required tax reporting or just reporting in general and those fees could be used to fund that rather than divert them to a company not directly benefiting SPS or SPL inc. Another potential solution is to have the current dex give SPL assets based on volume and fees a kickback by burning all the excess fees above what the imputed costs are and the costs would need to be approved by the DAO otherwise they could be inflated as well lowering the benefit to the overall SPL ecosystem and directing it to another company.