Should we start to care about MANA price after Vitalik caring the ETH price?

by 0x9b3ae2dd9eaad174cf5700420d4861a5a73a2d2a (MetaGamiMall)

For those who still believe the price of MANA has nothing to do with Decentraland as a project, I strongly recommend reading what Vitalik said today. He used to only care about the product and its spirit, wanting nothing to do with the price of ETH. However, in today’s post, he expressed concern and pushed some powerful entities to implement more deflationary methods for ETH.

I think MANA needs something similar. We should begin to acknowledge that MANA's price or to say, overal MANA oriented economic, does affects Decentraland as a whole. Once this consensus is reached, we can start discussing how to address it.

Souce: https://vitalik.eth.limo/general/2025/01/23/l1l2future.html

Quote from Vitalik:

Agree broadly to cement ETH as the primary asset of the greater (L1 + L2) Ethereum economy, support applications using ETH as the primary collateral, etc Encourage L2s supporting ETH with some percentage of fees. This could be done through burning a portion of fees, permanently staking them and donating proceeds to Ethereum ecosystem public goods, or a number of other formulas. Support based rollups in part as a path for L1 to capture value through MEV, but do not attempt to force all rollups to be based (because it does not work for all applications), and do not assume that this alone will solve the problem. Raise the blob count, consider a minimum blob price, and keep blobs in mind as another possible revenue generator. As an example possible future, if you take the average blob fee of the last 30 days, and suppose it stays the same (due to induced demand) while blob count increases to 128, then Ethereum would burn 713,000 ETH per year. However, such a favorable demand curve is not guaranteed, so also do not assume that this alone will solve the problem.

• Yes
• No
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp