Tweak the NFTx Trading Premiums to Align with Gameplay and Encourage Active Genesis Players

Proposal:

Lower the effective premium for swapping a GM with the pool from 25% to 23% and additionally tweak the buy/sell premiums to better align with how players using the NFTx pool to play the Genesis Project game

Today the premiums are:

• 10% to Sell (effectively means sellers receive ~0.9x of the floor price) • 15% to Buy (effectively means buyers pay ~1.15x the floor) • 5% for a Random Buy (pay ~1.05x to pick a random GM from the pool)

In the past week, we have seen:

386 Sells, at 10% premiums 189 Buys, at 15% premiums 0 Random Buys, at 5% premiums

See here for the details:

https://nftx.io/vault/0x2d77f5b3efa51821ad6483adaf38ea4cb1824cc5/info/

Compared to some of the off-market trading, both of these premiums have encouraged a lot of cooperation and trading, which is so fun to see!

We'd like to reward players who are actively swapping with the pool and playing the game, while still keeping the premiums high enough to motivate the liquidity providers to stake Mana and ETH. Note that without the LPs putting in Mana and ETH, the pool would go away. So we are proposing:

Change fees to:

• 15% to Sell (sellers receive 0~.85x the floor price), up a bit from 10% • 8% to Buy (buyers pay ~1.08x the floor price), down from 15% • 2% for a Random Buy (pay ~1.02 to pick a random GM from the pool)

So while this proposal lowers the premiums slightly for the LPs, we think it will help the community + it’s in the spirit of the values and vibes of this project as a collaborative game.

The hypothesis: This change will help players succeed at resurrecting GAs more effectively, while having limited impact on sellers who just want to sell to the pool and not play the game.

This whole thing is a grand experiment, and the NFTx pool has become a critical tool to help us all play and win this collaborative game together.

Please vote below!