RE: RE: Revamp Market Fees to Include 2% DAO Royalty
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RE: Revamp Market Fees to Include 2% DAO Royalty

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3y

Hi, thanks for taking the time to write out your opinion and although I agree with multiple sentiments you have provided. However, just because something won't solve an issue, a step in the right direction is still better than nothing at all. Of course, it then becomes a cost benefit analysis which I respect your opinion of believing it's not worth it in this case.

Personally, I do agree this single proposal won't magically make DECs stay at the peg forever. However, this proposal will get us closer to that reality and provide a continual and consistent source of funds for the DAO, which we all control, not the team.

Furthermore, we all pay 1%, including the market places, both internal and third party. Both the team and other third party market places will actually earn 20% less revenue on sales and players will receive ~1% less in sales revenue due to this change. However, yabapmatt@yabapmatt has advised in his comment on this proposal that it is a step they are willing to take for less DECs in circulation.

Lastly, this proposal has nothing to do with bots or multi-accounting. This proposal is predominantly about reducing the circulating supply of DECs, getting it closer to the peg and thus closer to us burning SPS.

@cryptoeater: Hi, thanks for | Ecency