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Pre-KARASTAR Pre-KARASTAR by0x452AB7eA9daC12DbF0D44389c7953a943C5860Fb0x452A…60Fb

Making Breeding Adjustments as per KARA Rarity

Voting ended almost 4 years agoSucceeded

Summery: There are three classes of Kara right now, N, R, SR, so the breeding costs also should be accordingly. Right now the minting is more higher so the value of token is getting so much lower and the nft values are getting lower then it should be, we need to maintain a balanced breeding cost to balance the economy from the root. So, to do that the breeding cost should be adjusted wisely, it should be more and less at the same time to make it balanced and for everyone.

The proposal is for: People who are worried about over minting People who are worried about over population People who are worried about the future market value of Kara pet People who want to make some profit form breeding People who want to breed at low cost (also)

Goal: Making breeding more profitable and Assets with more value for longer which is important for long term sustainability of ecosystem of KaraStar and sustaining the value of assets we all own for longer. Plus handling the over minting and overpopulation problems at the same time.

Plan: There will be three different brackets for breeding cost, we cannot give the same importance to R as N, when R can mint more in dungeon in our traditional game and x100 mining power at land comparing to just x10 mining power of N, and ofcourse x500 mining power of SR makes too much difference between classes, to it should be hard to get SR, less hard to get R, and easier to get N type of Kara pet.

The price slots for N type with breed count to maximum 0 to 5 Kara will be like this: Breed count Zero (0/3) – 333 $UMY N Breed count One (1/3) – 555 $UMY N Breed count Two (2/3) – 999 $UMY N

The price slots for R type with breed count to maximum 0 to 3 Kara will be like this: Breed count Zero (0/3) – 666 $UMY R Breed count One (1/3) – 999 $UMY R Breed count Two (2/3) – 1499 $UMY R

The price slots for SR type with breed count to maximum 0 to 3 Kara will be like this: Breed count Zero (0/3) – 999 $UMY SR Breed count One (1/3) – 1299 $UMY SR Breed count Two (2/3) – 2299 $UMY SR

Note: Above values will increase by 5% after every passing month, the cap is 50% for current ongoing year. Next year the cycle will go on again from 5% of that current price to 50% cap limit of that particular year.

Evaluation of success: To tackle down the UMY minting and also to keep value of our assets, (we cannot rely a pyramid model like other gamefi do) so to have a self sustainable model we need to have these adjustments in our breeding structure, every time things comes to breeding, because this is from where it all get starts, we need to manage it well.

Off-Chain Vote

Approve
350 100%
Disapprove
0 0%
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Timeline

Feb 08, 2022Proposal created
Feb 08, 2022Proposal vote started
Feb 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated