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Reduce Upgrade Costs

Voting ended about 3 years agoFailed

Background

This proposal is made in response to Proposal #bafkrei ("Proposal from Tondy 'Change the rewards'"), which decreased challenge mode rewards 10%.

Today, Upgrade costs in $ICE are:

-- Level 2: 5,000 $ICE -- Level 3: 7,500 $ICE -- Level 4: 10,000 $ICE -- Level 5: 12,500 $ICE

Proposal

Decrease Upgrade costs in $ICE to:

-- Level 2: 5,000 $ICE -- Level 3: 6,500 $ICE -- Level 4: 8,500 $ICE -- Level 5: 10,000 $ICE

Rationale

Reducing total upgrade costs from Level 1 to Level 5 from 35,000 $ICE to 30,000 $ICE is a ~14% reduction. This is close to the ~10% reduction in $ICE rewards.

We are also taking into account the fact that a Level 5 wearable makes ~35% more than Level 1 as a player owner and ~76% more than a Level 1 delegating (since the owner split increases 30% from 40% to 52%). Given the wearable floor price in $ICE and the cosmetic & other benefits to owning a Level 5 wearable, we believe 30,000 $ICE in total to Upgrade is approximately the right cost to incentivize more upgrades.

Off-Chain Vote

YES
370.84K xDG21.3%
NO
1.37M xDG78.7%
Quorum:17%
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Timeline

Jan 19, 2023Proposal created
Jan 19, 2023Proposal vote started
Jan 23, 2023Proposal vote ended
Mar 03, 2025Proposal updated