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I think you can't build a system that incentivizes increased ownership, leveling, etc... without also rewarding early adopters.
The modern/wild format goes a long way to help even the playing field for new players though. Each new edition release gives players a new shot to have the exact same change/buying power as long as they stay invested (which is the behavior we want to encourage).
RE: SPS Governance Proposal - Adjust Rewards Based on Card Level