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shroomDAOshroomDAOby0x858198552e3dEE61F48Cd8d38a1F7d44f2303e860x8581…3e86

Delay Acidheadz for lower gas price or launch as soon as possible?

Voting ended over 4 years agoSucceeded

We all have a love/hate relationship with Ethereum. But these days we are mostly mad at the exorbitant transaction fees required to use the network. When we set out to launch Acidheadz, the price of gas was ~50 gwei. In the last few days, it has skyrocketed to 200 gwei.

For your reference, here is the approximate cost of minting 2 Acidheadz by burning 1 “Low” rarity shroomz: 0.066 ETH or $280 at 200 gwei. This cost scales linearly with gas price and when burning more rare shroomz for more Acidheadz: up to $1,000+ to burn rare shroomz in a high gas price environment.

Question: should we delay Acidheadz for lower gas price or launch as soon as possible? Is lower gas price more or less important than launching Acidheadz as soon as possible? Which of the following would you prefer?

  1. Delay the launch of Acidheadz until gas prices settle down closer to 100 gwei, knowing that this could take weeks
  2. Launch Acidheadz as soon as possible regardless of gas prices

Off-Chain Vote

Delay launch for ~100 gwei gas
702 85.9%
Launch as soon as possible
115 14.1%
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Timeline

Oct 31, 2021Proposal created
Oct 31, 2021Proposal vote started
Nov 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated