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Bag.winBag.winby0x3779a1a19705Df1FDF54D108ec3cfE03b9f8Ab8Evirtualeconomist.eth

Update Leaderboard Multipliers

Voting ended almost 4 years agoSucceeded

Background

The current leaderboard multipliers are:

Chips Percentile - Multiplier

5% - 2x 10% - 1.75x 15% - 1.5x 20% - 1.35x 25% - 1.2x 30% - 1.1x 35% - 1.05x 40% - 1x 45% - 0.95x 50% - 0.9x 55% - 0.8x 60% - 0.7x 65% - 0.6x 70% - 0.5x 75% - 0.4x 80% - 0.3x 85% - 0.2x 90% - 0.15x 95% - 0.1x 100% - 0.05x

Proposal

Update the ICE Poker leaderboard multipliers to:

Chips Percentile - Multiplier

5% - 2x 10% - 1.75x 15% - 1.5x 20% - 1.35x 25% - 1.2x 30% - 1.1x 35% - 1.x 40% - 0.9x 45% - 0.8x 50% - 0.75x 55% - 0.7x 60% - 0.6x 65% - 0.5x 70% - 0.35x 75% - 0.2x 80% - 0.1x 85% - 0.05x 90% - 0.03x 95% - 0.02x 100% - 0.01x

Rationale

If delegated players have guaranteed steady income regardless of performance and skill level, they are unlikely to want to graduate and re-invest their ICE rewards to mint and become player-owners and eventually guild owners.

These changes significantly decrease rewards at the bottom and somewhat decrease them for the middle 40%. While the bottom 20% earns very very little, it does ensure that everyone who completes challenges receives ICE.

The net effect of these changes is that the mean multiplier goes from 0.83 to 0.75 which will immediately decrease total ICE emissions by ~10%.

Off-Chain Vote

YES
11.64M xDG97.3%
NO
318.64K xDG2.7%
Quorum:120%
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Timeline

Apr 29, 2022Proposal created
Apr 29, 2022Proposal vote started
May 03, 2022Proposal vote ended
Oct 26, 2023Proposal updated