You are viewing a single comment's thread from:

RE: Revamp Market Fees to Include 2% DAO Royalty

Doesn't Splinterlands currently take 5% of the fee and it all goes to the company at the moment?

If so wouldn't that 5% need to remain for the most part? and why not apply 1% to buying back and burning SPS or DEC or both? This way it starts to put value back into the game through trading?

Sort:  

Good way to phrase it, "split the fee between both the listing and buying side of the market". However, what happens now is that when a market sale happens, the market that it got bought on takes the full 5%, Splinterlands, the DAO and the listing marketplace gets nothing. I will edit the proposal and include an example now for clarification