RE: RE: Revamp Market Fees to Include 2% DAO Royalty
You are viewing a single comment's thread from:

RE: Revamp Market Fees to Include 2% DAO Royalty

Words
161
Reading
1 min
3y

I also like the idea of some part of the fee going to DAO, but I'm opposed to increasing the fee from 5% to 6%. I believe it should be done from the existing fees. As yabapmatt@yabapmatt mentioned, splinter lands would be taking a 1% loss, and they are comfortable with it.

I propose keeping it at 5% and Break should be 2% SL, 2% Market, and 1% DAO.

Reasons why advocating for 5% (Lower fee than others):

  • Better User Experience - 5% is a round number and easy to calculate and comprehend from a user's perspective.
  • Increasing fees may impact markets short term and cause third parties less revenue.
  • Any Increase should be a separate proposal backed by data and how it impacts the market and economy. This proposal should focus on Breaking the 5% and getting some share for DAO in it.

Great idea and this is what brings value to the system!! Kudos to cryptoeater@cryptoeater and the Community!!

@khan.dayyanz: I also like the | Ecency