Maxi NFT Mint Price Increase

Summary

This proposal suggests a price increase for the minting of existing Maxi NFTs in X7 Finance ecosystem. The founders of X7 Finance DAO have observed the value demonstrated by these Maxi NFTs to holders and anticipate that their value will be fully realized upon the launch of XCHANGE and the Lending Pool. In consideration of the low price and high value provided by these Maxi NFTs, the founders propose increasing the mint prices once XCHANGE and the Lending Pool are operational. The proposed new mint prices are outlined below, along with the current prices and the percentage increase for each Maxi NFT:

Tentative New Mint Prices:

• Ecosystem Maxi: 0.30 ETH (200% increase)
• Liquidity Maxi: 0.75 ETH (50% increase)
• DEX Maxi: 1.50 ETH (200% increase)
• Borrowing Maxi: 2.00 ETH (100% increase)

Current Prices:

• Ecosystem Maxi: 0.10 ETH
• Liquidity Maxi: 0.50 ETH
• DEX Maxi: 0.50 ETH
• Borrowing Maxi: 1.00 ETH

Rationale

1. Value Demonstration: The existing Maxi NFTs have proven their value to holders, indicating the potential for higher returns and benefits.
2. Upcoming Launch: With the imminent launch of XCHANGE and the Lending Pool, the founders of X7 Finance DAO anticipate that the value of all Maxi NFTs will be fully realized, offering increased utility and demand.
3. Low Price to High Value: The founders emphasize the favorable price-to-value ratio currently offered by these Maxi NFTs, making them an attractive investment opportunity.
4. Price Adjustment: To align with the expected increase in value and the market demand, a price adjustment for minting the Maxi NFTs is proposed.

Proposed New Mint Prices

The following mint prices are tentatively proposed, subject to community consensus:

1. Ecosystem Maxi: 0.30 ETH
2. Liquidity Maxi: 0.75 ETH
3. DEX Maxi: 1.50 ETH
4. Borrowing Maxi: 2.00 ETH

Next Steps

1. Community Vote: A community vote will be conducted on Snapshot.org to determine the consensus of X7 Finance DAO members regarding the proposed mint price increase. Each member will have the opportunity to cast their vote based on their assessment of the proposal's benefits and potential impact.
2. Implementation: If the proposal receives sufficient support and passes the community vote, the new mint prices will be implemented accordingly. This will align the minting costs with the expected value and benefits provided by the Maxi NFTs in the X7 Finance ecosystem.

We encourage all X7 Finance DAO members to actively participate in the voting process to collectively shape the future of our Maxi NFT ecosystem. Together, we can realize the full potential of our Maxi NFTs and foster a thriving community-driven platform.