Halt the implementation of the Governance Proposal to adjust the creators fee to reflect a set fiat value of $500

by 0x3498857bb3e1cc8a3c9b582dc726f47a9625242b (VIRTEWEL)

It was announced today that DCL will be changing the creators fee from 100 Mana to $500 USD worth of Mana. This poll was taken in October of 2021, and was announced today, May 19th, that it is to be implemented on May 26th.

Here's the link to the proposal from October: https://governance.decentraland.org/proposal/?id=e73b1d20-3a6d-11ec-be0c-afec86cba5e5

Since last November, the price of MANA has gone down from $5 to roughly $1.

This proposal is to stop this change from happening on May 26th, so that we can hold another vote and create a new proposal that addresses how fees should be assessed based on current market conditions.

• STOP the proposal from going into effect. Keep the creators fee at 100 mana until a new proposal is voted on
• Allow the proposal to go into effect on May 26th increasing the creator's fee to $500 worth of Mana
• Invalid question/options

Vote on this proposal on the Decentraland DAO