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closedEnded 3 years ago ยท Snapshot (Offchain)

Should the DAO Increase Polygon GWEI Threshold?

By 0xBB7B...cB9d69

by 0x56469159d91eb810dce34dd13ec4ed8194bca7be (NikkiFuego)

Linked Pre-Proposal

Should the DAO increase Polygon GWEI Threshold?

Summary

For the past several months, Polygon GWEI has been out of control. Currently, the threshold for โ€œfreeโ€ gas to the consumer is 150 GWEI. Meaning that anytime GWEI is higher than 150, Decentraland provided services fail.

Abstract

Having a marketplace and platform that provides free gas to its users is a huge selling point when onboarding new users and builders. When an entire quarter goes by where GWEI is consistently above 150, that selling point becomes obsolete.

Motivation

Some examples of Decentraland services that fail when GWEI is above 150 are:

  • Purchasing - Both primary and secondary purchases.
  • Transferring - Sending wearables to other wallets.
  • Minting
  • Publishing - As well as adding minters/collaborators and putting items on sale.
  • L2 Services - Air-dropping wearables or transferring MANA with Decentralands script. This directly impacts Play-to-Earn games.

In some cases, with purchases in-game on LAND or in Play-to-Earn games, the user does not have the option to swap to Polygon Network because that results in them disconnecting from the in-game experience as that requires a constant connection to Ethereum Network.

Itโ€™s a huge red flag for new users. I know when I started out I had very little knowledge of what GWEI was and how it worked exactly. A lot of new users likely do not own MATIC or know to purchase it. Therefore the sales conversion funnel that the foundation spends enormous amounts of effort on fails.

Specification

Currently, the DAO covers these gas costs and the average is $1k-$2k USD worth of Matic spent each month on Polygon GWEI (data provided by HP).

Conclusion

This draft is to increase the threshold from 150 to 300 to meet the new standard norm that weโ€™ve been experiencing for the last few months. While GWEI can still go higher than this amount, this should help increase the number of free transactions drastically.

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp

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Connect Wallet to Add Note
0
Votes 79
VoterCast PowerVote & Rationale
0x3fB3...c7A13B
934,617

yes

0xd6eF...9D6eF6
575,572

yes

0x247e...9db418
532,511

yes

0xCF10...d4dE4d
532,406

yes

0x89a1...6e99a9
515,782

yes

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VOTE POWER
0
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Proposal Status
  • Thu May 11 2023, 03:49 pmVoting Period Starts
  • Thu May 18 2023, 03:49 pmEnd Voting Period
Current Results

1-yes

5.287M

2-abstain

19.267

0%

3-no

1.198

0%
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