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RE: Revamp Market Fees to Include 2% DAO Royalty

Hi, thanks for taking the time to write out your opinion and although I agree with multiple sentiments you have provided. However, just because something won't solve an issue, a step in the right direction is still better than nothing at all. Of course, it then becomes a cost benefit analysis which I respect your opinion of believing it's not worth it in this case.

Personally, I do agree this single proposal won't magically make DECs stay at the peg forever. However, this proposal will get us closer to that reality and provide a continual and consistent source of funds for the DAO, which we all control, not the team.

Furthermore, we all pay 1%, including the market places, both internal and third party. Both the team and other third party market places will actually earn 20% less revenue on sales and players will receive ~1% less in sales revenue due to this change. However, @yabapmatt has advised in his comment on this proposal that it is a step they are willing to take for less DECs in circulation.

Lastly, this proposal has nothing to do with bots or multi-accounting. This proposal is predominantly about reducing the circulating supply of DECs, getting it closer to the peg and thus closer to us burning SPS.

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But they are never going to achieve it unless they back DEC dollar to dollar with cash. I don't really know how to put this politely, but it is just delusional. It has been at peg for about 1 minute in the past year. Even if they get it back there it will just wobble right off it again. So they can enable burning of SPS for DEC for all of a few minutes or maybe days until the price changes again, then what? Another proposal, then charge us 7%? Meanwhile players like me just think "ok so you want me to fund this silliness that isn't going to work, in yet another proposal that ultimately reduces the financial value of the assets I accumulated in this game?" Hard no for me. Sorry for the forthright and blunt tone, but I just feel (like many others who already left the game) like every month for about a year, another proposal appears that nerfs value from ordinary players like me and I'm absolutely sick of it. I wouldn't mind as much if I believed in the economic competence of the team, but they have never given me any reason to do so. Great game designers? 10/10! Love it! Economists? Nope!