I agree I've simplified it.

But economics are economics: we aren't just talking about buying and selling commodities...
The laws of Supply and Demand are applied to all types of economic goods and services (including labor, luxury goods, monopolies, usage of government services, and yes, even crypto DeFi tokens with complicated utility).

If you believe that rental demand for SPS is wouldn't decrease, irrespective of any rental price increase, then let's imagine, as a mental exercise, a highly exaggerated price to explore the concept.

Let's imagine the rental floor was 1 DEC.
How many players would rent 100K SPS every 7 days, like many do currently?

Probably very few of the players that currently rent 100,000 SPS a week would consider spending 100,000 DEC per week on SPS rentals.

• Maybe some of them might rent 10K to boost their multiplier a bit more than the next guy.
• Or maybe they would buy more SPS, instead of renting it.
  But whether they reduce their rental, or buy instead, the result is that less SPS will get rented.

A higher floor price will certainly impact the demand for SPS rentals.

How much will tripling the floor price impact demand? Well, I don't think anyone will have an answer to that. But it definitely won't be zero...
And the less SPS that is rented, the more competitive it will be for SPS owners to successfully rent out their SPS.

So if the goal of this is to allow players the ability to rent out SPS instead of losing to SPS renter bots, I'm firmly convinced that the rental bots will continue to quickly and easily fill all the SPS rental demand.