025866d45404634c9a096256b6d44ae4f1e441d4
Alternative Voucher Proposal - Transition from DEC Utility to Exclusive Voucher Items in the Glint Shop
To strike a balance between those advocating for the discontinuation of Vouchers as a replacement for DEC and those who believe Vouchers should offer exclusive benefits to SPS stakers and Node holders, the following streamlined proposal is introduced.
Summary
This solution removes the team’s obligation to offer special value on every sale (eliminating “DEC discounts” with vouchers) while still providing exclusive benefits to those who have staked SPS or purchased Nodes. It is the simplest to implement and offers the team numerous opportunities to foster loyalty.
Proposal Overview
Primary Change:
If approved, this proposal will end all current and future uses of vouchers, including as DEC replacements, for pack or pre-sales and the unlocking of soulbound cards. Simply put, vouchers will no longer be accepted as payment for anything other than items explicitly marked as "VOUCHER ONLY" in the Glint Shop.
Edit 2024.07.14 1429 UTC
Above Primary Changes have been clarified; edits in bold italics
New Implementation:
The team will be authorized to add at least one item in the Glint Shop that is exclusively purchasable with vouchers. This item (such as cards, land items, skins, etc.) will remain available until replaced by a new item. Multiple items may be added, but there will always be at least one voucher-exclusive item available.
Rationale
This proposal aims to minimize costs while preserving the special benefits for SPS Stakers and Node Holders. It will eliminate the use of vouchers as DEC replacements and prevent future voucher use for DEC-related transactions (e.g., Soulbound unlocking).
There will be no need to soulbound vouchers, and the team can scale the program by adding more items as development resources allow. This flexibility extends to offering various items, such as land items or skins, instead of cards.
By adopting this approach, the team maintains its commitment to Stakers and Node Holders, especially after SPS distribution ends.
Practical Example Implementation
Given the current shortage of development resources, the goal is to utilize existing assets for minimal effort implementation. The following outline serves as a guide, though the team may adapt it as needed:
- Use existing cards from the upcoming Rebellion Rewards set, distributed through the Glint Shop.
- This provides a year’s worth of items: 4 cards (1 released every 3 months) from the Rebellion Rewards set. Each rarity will have the following voucher costs:
- First 3 months - Common: 10 vouchers
- Second 3 months - Rare: 40 vouchers
- Third 3 months - Epic: 100 vouchers
- Fourth 3 months - Legendary: 500 vouchers
Note
Seeing that this is an alternative to @cryptoeater's Proposal #147, in the event that both pass, the proposal with the greater absolute staked SPS volume of FOR votes takes priority.
EDIT
2024.07.14
0443 UTC
As per the requests from Cryptoeater and in order to achieve a mutually agreeable compromise, I would like to add in the following amendments to this proposal:
To improve NPE, we need a Vouchers:DEC LP (similar to GRAIN:DEC) in game so new players can buy without using Hive Engine. Remember they can already buy SPS/DEC in game with third party services.
As a compromise between soulbound and transferable, simply implement a small fee of 12.5% (same as grains) to transfer to players.
Get rid of the ability for Vouchers to be traded on Hive Engine (also like grains), this is to ensure the company meets regulatory requirements of not operating an exchange. Furthermore, this also removes the 100k SPS/month Voucher:SPS LP emission. Players can deposit vouchers from HE but bridge to withdraw them will be disabled
Remove vouchers from validators software, this will ensure costs are kept down for validators. At the very least, treat them as the same class of assets as grains, if grains were to be on validators.