SPS Governance Proposal - Adjust Market Fees

Thanks for all of the feedback so far, it seems we can scratch this draft. Message received and I'll be sure to do more extensive community outreach before entertaining these suggestions in the future. You can visit the poll below if you'd like to help share more dynamic and stake-weighted feedback on this topic:

@clayboyn/sps-poll-should-we-change-the-market-fees

The purpose of this proposal is to attempt to make the Splinterlands marketplace more sustainable by ensuring that the team gets a percentage of all marketplace transactions for the supporting infrastructure required to operate the marketplace. Currently there is a 6% market fee. 4% goes to the marketplace where the transaction occurs and 2% is burned. This means that while the majority of marketplace transactions take place on third party markets, the Splinterlands company earns nothing unless a card or rental takes place on the Splinterlands website.


Proposal:
If this proposal passes, the market fees will change from 6% to 10%. 4% of each transaction will go to the Splinterlands team, 4% of each transaction will go to the marketplace where the transaction occurs and the remaining 2% will be burned.


Notes:
This proposal was originally suggested as an amendment to the previously passed proposal from @cryptoeater. There is an alternative proposal that is currently running which aims to make the marketplace more sustainable by approaching the problem in a different manner. It is possible to pass both proposals and implement all changes or to pass neither.

Pros:

  • Ensure the company gets some portion of fees generated by marketplace transactions which should help to offset the expense of operating the marketplace.
  • Standardizes marketplace fees with the Voucher and Grain LPs.

Cons:

  • Market fees increase from 6% to 10%, which hurts the margins for sellers.

Neutral:

  • Does not hurt the profit margins on which third party marketplaces are operating.
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