DAO VOTE for REMOVE HERO FLOOR PRICE

Floor Price is Faraland's function that brings guaranteed liquidity for NFTs & can stack up its value over time through trading & other gaming activities.

We have a floor price for each hero, which is at 0.05 BNB starting point. After that, 2% value of each transaction made on our marketplace will be added to the hero.

Faraland proposes to remove the hero floor price system due to the following reasons: 1/ Floor price is an experimental feature with the purpose of retaining some of the value of NFT Hero. But, that doesn't seem to work because the value added to the floor price is a bit low. Especially for long-term NFT Hero holders, the price of a hero is much more valuable than the floor price.

2/ Faraland originally intended for heroes to fight to win each other's floor price, but at some point it will have to burn that NFT to realize that profit from PvP. Therefore, the reward for PvP will be paid by using $FARA instead of the original intention.

3/ Instead of spending resources on something that may not happen (such as dead project), we can use that fund to buy back tokens and add liquidity, making $FARA liquidity more solid.

Do you agree with this proposal?

It will only be implemented if the agreement rate is above 70%. The amount of BNB claimed will be used to buyback and add liquidity for FARA.

Cast your vote now!