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AavegotchiAavegotchiby0xDe34393312C0C1e97e404d18A04580E9610e063Cflameviper.lens

Maall items raffle drop method

Voting ended almost 5 years agoSucceeded

FlameViper#7396 +3782 https://dao.aavegotchi.com/t/maall-items-raffle-drop-method/1513

A hybrid raffle+auction system instead of the current Maall "first come first served" system. 2 rounds: 50% of items will be dropped per round. Round 1: A raffle where you buy tickets except you get back your GHST for every loser ticket. Round 2: An auction system where you bid on items for 3 days. Each bid has to differ by 2% from the previous bid, in the last 24 hours by 5%. Integrate an auto-bid and stop limit system for these auctions so you don't have to bring your own bot anymore. Timeline; before the next Maall items are available. Goal; Stop botting, help differing timezones and help people busy with work. This will benefit us in the long term especially for mythical items, godlike items and portals, it is best we have an auction system in place ready. There is a risk of bid sniper bots which allocate a maximum amount of money they want to spend on an item and you have to figure out what their maximum is, but that's how auctions are. This is a feature in Ebay, Amazon, etc. which are integrated into the site. Aavegotchi should also have one to even the playing field against last minute bidders. Otherwise there are even less risks associated with this specific raffle due to the fact you get your GHST tokens back if you don't win anything.

Off-Chain Vote

Yes
120.81K 26.5%
No
263.46K 57.8%
Abstain
71.5K 15.7%
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Timeline

Apr 12, 2021Proposal created
Apr 13, 2021Proposal vote started
Apr 28, 2021Proposal vote ended
Jul 04, 2025Proposal updated