Aavegotchi

Authors: Mark#4094 Gotchi IDs: 19172

Hey frens,

Since turning off spillover in the gotchiverse the “locked” spillover has been collecting in a PC owned wallet.

As a DAO we’ve taken great steps to improve the economy and tokenomics by reducing issuance to a level our current number of players and demand can handle. I believe this large amout of “locked” spillover would endanger this hard work if it were to be brought into circulation. Therefore, I am proposing to change the locked spillover policy to one of the following options:

Option 1

• Burn all currently locked spillover
• Burn all spillover going forward unless an event is happening (e.g. Saturday hangout) or the DAO votes to turn spillover back on

Option 2

• The same as option 1 but exclude spillover that has come from reservoirs (land)

Either option burns all currently locked spillover but with option 1 no spillover will be collected going forward whereas Option 2 would mean spillover from reservoirs would carry on being collected going forward and we would need to decide how to distribute that later.

The main argument for option 1 is that it’s better for the economy at this stage to have less alchemica being circulated. The main argument for Option 2 is that the spillover from reservoirs has come from parcels that people own and therefore shouldn’t be burnt.

There’s more nuanced discussion in the forum thread so check that out and ask any questions there. Happy voting frens.