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.