CIP-2: New minimum rental floor price
Summary
The holders of Captain & Company ships (the “Shipholders”) propose changing the minimum floor price of rentals to accommodate the new 7-day and 30-day rental structures.
The votes below are formatted as (7-day | 30-day) minimum pricing to encapsulate both offerings, denominated in nuggies (10,000 nuggies = $1 USD).
Rationale
Setting a minimum rental price will drive more interest in long-term shipholding behavior by both improving income visibility for shipholders as well as removing more ships from the rental market, which will be a net benefit to the ecosystem as more committed Captains enter the space.
Implications
- The minimum floor price for Clockwork Brig rentals at both the 7-day and 30-day offerings will be changed
- All Clockwork Brig rentals will be reset
Test Cases
n/a
Whitepaper
Copyright
Copyright and related rights waived via CC0. https://creativecommons.org/publicdomain/zero/1.0/
Off-Chain Vote
1,000,000 | 3,000,000
581 CNC77.7%
750,000 | 2,000,000
83 CNC11.1%
500,000 | 1,500,000
1 CNC0.1%
100,000 | 500,000
76 CNC10.2%
No minimums
7 CNC0.9%
Timeline
Apr 17, 2024Proposal created
Apr 17, 2024Proposal vote started
Apr 20, 2024Proposal vote ended
Mar 10, 2025Proposal updated