Tubby Turtle secondary sales fee structure
This proposal is to make a possible change to the secondary sales fee on Tubby Turtles in an effort to increase the liquidity for SeaShell tokens.
The current fees (collected in EWT) on secondary turtle sales broken down: 1% - donated to teamseas.org 0.5% - dev/founder 1.5% - half used to buy SHL then added to the EWT/SHL liquidity pool on Carbonswap
1% - Raregems fee (the only marketplace to trade Tubby Turtles) ---------------------- Total 4% fee on selling a Tubby Turtle
You don't want the fees to be too high. The current fee is already 4% (be wary of this when voting) -> If you sell a turtle at 10 EWT, you will receive 9.6 EWT if it gets sold.
Raregems is the main (and only) NFT marketplace where the turtles are being traded currently, only allows for a fee of a maximum of 10% of the trading price.
If this proposal passes with any other option then "No change: 1.5% (total 4%)", then the fee percentage that will get added to the liquidity pool will be changed as soon as possible and for an unknown time. The fee can always, via a governance proposal, be changed back or changed to a lower percentage in the future.
Off-Chain Vote
No change: 1.5% (total 4%)
11.18K VOTE28.4%
1.5% -> 2% (total 4.5%)
0 VOTE0%
1.5% -> 2.5% (total 5%)
21.53K VOTE54.8%
1.5% -> 3% (total 5.5%)
4.31K VOTE11%
1.5% -> 3.5% (total 6%)
0 VOTE0%
1.5% -> 4% (total 6.5%)
0 VOTE0%
1.5% -> 4.5% (total 7%)
0 VOTE0%
1.5% -> 5% (total 7.5%)
0 VOTE0%
1.5% -> 5.5% (total 8%)
0 VOTE0%
1.5% -> 6% (total 8.5%)
0 VOTE0%
1.5% -> 6.5% (total 9%)
0 VOTE0%
1.5% -> 7% (total 9.5%)
0 VOTE0%
1.5% -> 7.5% (total 10%)
2.3K VOTE5.8%
Timeline
Jan 05, 2023Proposal created
Jan 05, 2023Proposal vote started
Jan 08, 2023Proposal vote ended
Oct 26, 2023Proposal updated