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Moons GovernanceMoons Governanceby0xfa8243b329c24A06dB98169a3fF16Aa77b257391moon🐋.eth

CCIP-082 - Dynamic Banner Price Based on Demand

Voting ended about 2 years agoSucceeded

Please review the relevant discussion for this proposal in r/CryptoCurrencyMeta before voting. A copy of the body text for the proposal can be found below.

As a reminder, if two concurrent proposals are conflicting or impacting the same mechanism then only the one with the most votes in favor will be passed.


Currently the banner is booked until mid April, more than 60 days in advance. Crypto is in bull market year with the ETFs and Halving soon. r/Cryptocurrency might see exponential growth this year while some companies can book the banner for the whole year for cheap at the moment.

I suggest:

Dynamic price based on demand, more days booked = higher price for the next advertiser.

4% price increase per booked day

Example:

Currently the banner is booked for 60 days in advance, the base banner price is 4,000 Moons.

4% * 60 days = 240% increase on 4,000 Moons. Which means the cost to rent the banner is 13,600 instead of 4,000.

More demand = Higher Price

Less demand = Lower Price

If there’s no booked dates for banner, and some company want to advertise, they will pay the base price, in this example it’s 4,000 Moons and since 4% * 0 days = 0 increase on base price.


Proposal by u/Mellon98

Off-Chain Vote

For
7.43M MOON96.2%
Against
297.13K MOON3.8%
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Discussion

Moons GovernanceCCIP-082 - Dynamic Banner Price Based on Demand

Timeline

Feb 27, 2024Proposal created
Feb 27, 2024Proposal vote started
Mar 05, 2024Proposal vote ended
Oct 10, 2024Proposal updated