I've always preferred to have a number of SBs in my rotation, say 5 or 6 active up to as many as 9 I could call on.  All of us are here for the fantasy fulfillment, and my fantasy has always been variety. The reality of sugar dating has been even better than my fantasy.  Zero drama, deceit or jealousy, combined with sexual access to a large number of stunningly sexy young women.  Perfect.

All of the SBs I've dated, every single one, was also dating other SDs while dating me.  And I very much preferred it that way.  I am poly by nature, NOT a serial monogamist.  I never wanted any young woman to be 100% dependent on me for her sexual and financial well being.

When the pandemic hit I stopped all my socializing including sugar dating. I endured 3 months of self imposed celibacy.  It was not fun.  But returning to my old ways seemed impossibly risky.  I decided that it might be possible to resume sugar dating with just one person if we were both truly trustworthy and willing to have an exclusive arrangement.  Accordingly, I sent out feelers to all the SBs I'd been dating when the pandemic hit.

Turns out one had quit sugar dating entirely, several had moved away, etc.   The one I'd dated for 2 years was just about to move out of state to live with her BF.  But one girl, an incredibly amazing 22yo, said yes, she'd be interested in resuming our arrangement on new, more careful terms.

We both got covid tested and had negative results. We talked at length about what kind of precautions and risk tolerance we had.  And we made one very key new agreement.  We are not promising to be sexually exclusive with each other.  Asking for that promise just encourages lying imo.  What we did agree is that we'd fully disclose to each other if we had been intimate/exposed to any new person for any reason since our last date.  Then the other person could make an informed decision about how or whether to continue.

So far we've had 3 fabulous dates since we resumed.  I am still on SA.  But I'm not actively trying to build a rotation.  My fantasy of having a varied sex life is on hold for now.  But the reality of having one spectacular young woman in my life is meeting the majority of my needs and I can't wait to see her again.

I know that my decisions about how to navigate our current world may vary from yours.  I make no judgements, just offering my personal process and thoughts for whatever it may be worth.  I am curious to know how you guys are managing to have fun and stay safe, and what level of changes you have accepted in your personal life.  I hope you're all doing ok out there.

Sounds like you found a middle-ground compromise that still allows each of you to be happy.  
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I have also always felt that requiring exclusivity from an SB, as well as promising exclusivity to an SB, is an unrealistic path.  
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From my side as an SD, knowing that my allowance can't possibly fully support an SB (unless I am willing to actually cover all her expenses like rent, school, food, etc. - and I am not), she needs to be able to make money elsewhere, whether those funds come from a job or other SD's. I think one of the aspects of my arrangements that my SB's appreciate most is that I'm not an asshole control freak. When we are together, we are together. When we are apart, we barely talk, other than planning our next meeting.  
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Now if I was able to live the "Pretty Woman" path, and I could offer $10-20k a month to an SB, I'd damn well expect her to not only be exclusive, but be available on demand at least 16+ hours a day.  
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For my part, I also value variety - a lot. And although I never volunteer to tell any of my SB's that I am non-exclusive, I would if asked directly.  
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So I am keeping a modest rotation for now. One main SB, plus 3 others who I see infrequently. And since my 23 year old Latina POT didn't work out I'm looking again on SA, but not aggressively, and with a higher-than normal standard for who I will connect based on location, age/looks, and personality (if any) I can glean from her profile.  
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Finally, I have cultivated acceptance into 3 LA KGirl bookers now. So I have KGirl experiences available almost on demand. And at $2.6 to $3.6 for amazing, aggressive-submissive service, that's another indication that...
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Life is good
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The Cat

My current favorite is now my one and only. We had both been celibate since mid-March, but started up with each other again. I didn't ask for exclusivity, but I pretty much have it due to others' fears about the pandemic and her caution. She is on her way out of the sugar bowl.  

I think that we will continue even afterwards, but we will see. She is finishing school to get her CMT, and she is thinking about going into some health-care related field as a backup in case massage never really comes back or doesn't pay well enough. I won't be her only source of income either way, but it will be some blend of mistress and friends with benefits.

I think the virus is going to do wonders for transitions from SB to more exclusive, mistress-like arrangements.

Nice thread - thanks sweets, even if we manipulate it a bit lol

I can never decide: do I want more or less exclusivity, with the abundant rewards: bareback is never an issue, she's more or less always available, don't have to wipe off cum stains HaHa.
On the other hand, I don't want to financially support her as most of the princess types desire.  A nice 'time-share' certainly has its strong points.  I mean, OK a few stains or marks here and there, but they clean-up easily.
Wavering currently - have been focusing on the more likely shorter-term (months, not years!) with the expectation of exclusive, but then move on...

Pole, here's an approach that may help you decide if you want to go down (pun intended) the exclusivity path:  
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If you add up all the funds you spend across all of your current SB's - and I mean at least quarterly or annually - is that enough to lock down your ATF for an exclusive arrangement for the same term. If a year's budget can lock her down (for a year), it may well be worth it as you get all the pro's you mention for the same investment you make today.  
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But if you need to increase your spend substantially, say more than 25%, then you may be paying MORE to get LESS.  
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I see this as parallel to the discussions we have had around PPM versus a monthly allowance.  Asking for an exclusive carries the same potential downside of monthly allowance;  you may  actually get less sex, she may set you up and take money without delivering sugar, and you will never really know she is NOT seeing other SD's (or BF's, bar pick ups, tricks, etc.).  
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I'm interested to hear what happens if you ever try the exclusive deal...  
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Life is good.
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The Cat

One of the exclusives I have heard is in the range of a private college tuition+room&board, couple of first business/class roundtrips coast to coast/international trips; the lady is omg top notch with many beautiful ladies wanting her for duo with this gent