Setting limits on the number of borrowed gotchis allowed per wallet address

Author: eMM#9638 Gotchi ID: 23748 Discourse Threads: https://dao.aavegotchi.com/t/from-days-to-blocks-modifying-the-new-renting-safeguards/4274 https://dao.aavegotchi.com/t/anti-botting-limits-on-rentals/4294 https://dao.aavegotchi.com/t/reform-public-rental-market/4089

Until recently there have been no limits on the number of gotchis an address can borrow at the same time, either from a whitelist or from the open (non whitelisted) market.

This was recently changed to a limit of 1 borrowed gotchi on the open market and 1 by default on all whitelists. A whitelist owner can change the number of allowed borrowed gotchis per address using Louper Dev, and soon, through the official UI.

This change was put in place with no warning as an experiment in anti botting measures. Community members had reported difficulty in securing a gotchi to borrow for channelling, particularly around the 0:00UTC reset time, which has been attributed to bots scraping all the best rental offers before humans get a chance.

The change has so far seen Gotchigang report an increase in available gotchis to borrow around reset time which is a positive.

On the negative side, other Gotchigang have reported being unable to fully channel their aaltars due to not being able to rent enough gotchis. This is particularly for borrowers who’ve paid, say, 20ghst for a long term rental and are now stuck with that 1 gotchi and are unable to channel other parcels using other borrowed gotchis. This issue will tend to grow over time as people level up their aaltars and generate more channelling opportunities. The current limit on the open market is a disincentive to levelling up aaltars and purchasing more land for those without enough gotchis who prefer longer term rentals. It could also severely limit the demand for lending out gotchis long term, however it forces people to approach multiple guilds/whitelist owners for spots which is a positive for the social element of the game.

A poll was run in the weekly DAO Hangout by CoderDan with the results suggesting most community members would prefer the allowed number of borrowed gotchis on the open market to reflect the number of parcels a wallet address holds plus 1, so in theory each parcel could be channelled once per day whilst still holding longer term rentals. For single channel rentals this is less of a concern as people can return a gotchi and borrow another as soon as they’ve finished using it.

Further increasing the borrowing limit up to the number of available channellings per address was suggested by considering aaltar levels as well, but it was deemed too inefficient to be constantly recalculating this number dynamically in the background.

https://discord.com/channels/732491344970383370/892307846010658856/1008035273168392243

As this was an experiment, I propose we revert these changes back now and continue to monitor the impacts so we can be clearer on the severity of the botting issue and be more confident in the effectiveness of this solution, whilst voting to implement the below.

Once this experimental change is reverted, voting for option 1 in this proposal will set in place the following:

• Set a limit on the number of gotchis each address can borrow from the open market equal to the number of parcels in the borrower’s wallet plus 1.

• Set a default limit of 1 borrowed gotchi per address for all existing and new whitelists while giving the whitelist creator the ability to change that limit up to any number.

Voting Options:

1. Set the limit on the number of gotchis each address can borrow from the open market equal to the number of parcels in the borrower’s wallet plus 1 AND set a default limit of 1 borrowed gotchi per address for all existing and new whitelists while giving whitelist creators the ability to change that limit up to any number.

2. Revert back to the original unlimited system and do nothing further, allowing unlimited numbers of borrowed gotchis per address both on the open market and through whitelists.

3. Revert back and leave the open rental market to allow unlimited gotchis to be borrowed, but set the default to 1 on all whitelists and implement the ability for whitelist creators to change the limit per whitelist.

4. Do not revert back and leave the current limits of 1 in place across whitelists and the open market (WL owners can still increase the number).