Vote turnout at https://snapshot.org/#/loot-dao.eth/proposal/Qme6rEn4FupXKLBM89cJeL4U8WkEGChNuVyziXfbdHFq3t is low. Familiar owners have a chance to suggest how FLOOT's LOOT votes in LIP-3.
Summary
In accordance with LIP-0, the keys which control the Loot contract will soon be burned. These keys control the ability to set royalties. This is a proposal to set a royalty before the keys are burned, and direct the funds to an on-chain treasury controlled by Loot owners.
If approved, the same royalty will be set across all marketplaces:
Open Sea
Rarible
Loot Exchange
Future marketplaces can leverage Rarible's on-chain registry to detect and apply royalties.