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RE: SPS Governance Proposal - Adjust Market Fees

in #spsproposal3 months ago

Is it just me or one of the most important point is not even mentioned in the proposal?

Assuming this pass and we move to a 10% fee (with 4% going to Splinterlands for each market transaction) ...what is the estimated daily revenue generated for the company? Compared to the average in the current scenario?

ps: I know the number ...just curious why it was not included in the post as it is easily one of the thing people will look at to decide.

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When this one started getting brought up, I ran the numbers and came up with about 11k a month, which I personally think seems kind of low considering there would be a 10% tax on all sales. As to what that looks like if we change the fee to 10% (which I personally think is way too high) who knows. It would likely just end up with less market transactions. Not sure the juice is worth the squeeze on this one. As @jarvie suggested though, perhaps a poll would be better for this one.

The main purpose of running this one is simply because I ran the alternative. I can't only run the ones I like/agree with. 10% seems crazy, but this is what people were suggesting. I'll set up a poll tomorrow and see how/if people want to revisit this one by reapportioning the 6% fee that already exists.