SPS has been on an upward trend for a while now, and NOW you guys want to change things? Smart move, I say.

I already posted my thoughts on Discord, but I guess not everyone reads that, so here it goes again:

This is a BIG mistake. If anything like this passes, the SPS price is going to drop, or at the very least, it won’t increase as it should.

Why do I say this? It's actually pretty simple.
In any market, the price of an asset (whether it's a rental price or a sale price) is driven by supply and demand.

The demand is driven by people using SPS because of its utility. We want SPS to have more and more utility so that the same people want more and more SPS.
By doing ANYTHING that hinders or diminishes that utility, all you will accomplish is actually decreasing the demand for the asset.

You decrease the demand for the asset simply because you increase the cost of it. Think about any kind of the game for example Eloise. How many of us want that card? Many right? But how many of us will actually buy it? No that many because even tho is the best card in the game its price its pretty high. For a card like Eloise thats fine because the supply is really low but for any asset with really high supply that doesnt make sense at all.

If you double the floor price, you won't increase the demand for the asset (the total amount of SPS needed for ranked will be the same), nor will you decrease the supply. All you'll accomplish is reducing the token's utility.
Less utility = lower price. It's as simple as that. Thanks to this sps is going to drop.