Allow owners to choose their own % of Banked ICE/ICE ratio with a min of 20%

Background

In order to increase the DAU player growth and maintaining value within the ecosystem via Banked ICE propose increasing Banked ICE for Challenge Mode player-owners’ and guild owners’. Banked ICE is effectively maintaining value within our ecosystem and seeding Tournament Mode player liquidity via an attractive Banked ICE to Shine conversion rate (20% discount). Furthermore, folks who stack Banked ICE have access to a ~20% discount on minting an All Access Wearable. All in all, the Banked ICE architecture has provided upward mobility through reinvestment of earnings, immediately improved our burn-to-earn ratio, and catapulted us much closer to long-term sustainability.

Banked ICE is an extremely attractive asset to anyone who is serious about re-investing within our ecosystem. It makes sense to extend this offer to all participants in our ecosystem – not just delegated players.

Proposal

Allow Challenge Mode player-owners’ and guild owners’ daily ICE to choose how much Banked ICE and ICE they want to earn with a minimum of 20% Banked ICE.

We currently emit ~0.6M unlocked ICE per day. This proposal would reduce our daily unlocked ICE emissions, improving our Burn-to-earn ratio for the owners that want more Banked ICE.

Rationale

If someone is planning on re-investing of their ICE earnings (for instance buying Shine to play Tournament Mode or saving up to mint another wearable), then receiving more in Banked ICE is a great opportunity.

By allowing player–owners and guild owners into the Banked ICE ecosystem with a% of their earnings, they get to buy Shine at a 20% discount.

The main argument against this proposition is that it may take longer to upgrade metaverse wearables from earnings because you can’t use Banked ICE to upgrade. Owners will still be able to accrue most of their earnings in unlocked ICE in order to upgrade their wearables.

By opening up Banked ICE to our whole community – delegated players, player-owners, and guild owners alike – we will welcome more growth and reinvestment within the ecosystem as a whole, which will benefit all participants.