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closedEnded 4 years ago · Snapshot (Offchain)

Update Multiple Wearables ICE Rewards Bonus

By 0x3779...f8Ab8E

Background

Today, an ICE Poker player playing with more than 1 wearable equipped receives a variable multiple wearables bonus:

2 wearables: 1.1x 3 wearables: 1.2x 4 wearables: 1.3x 5 wearables: 1.4x

The system was designed as such to incentivize player liquidity, as each ICE Poker NFT owner who holds more than 1 wearable is incentivized to play with one, and delegate the remaining wearables one per player.

Proposal

Update the ICE Poker multiple wearables ICE rewards bonus to:

2 wearables: 1.2x 3 wearables: 1.4x 4 wearables: 1.6x 5 wearables: 1.8x

Rationale

By further incentivizing ICE Poker player-owners (players who play with the wearables they own) to stack wearables, overall ICE emission will be reduced, improving the overall burn-to-earn ratio.

In the ‘Examples’ section below, we see why someone would want to stack instead of delegating them out, particularly if they’re a good player. While the stacking player earns more, the total emission actually decreases as the delegated player component of the earnings is removed from the equation. Consider playing 1 and delegating out 4 level 5 wearables with +40% bonus… The total emission is 7x = 5 x 1.4x, but the owner of the wearables is only earning 4.31x.

Examples

Level 5s:

Play with 2 L5s: 1.2x * (1 + 0.4 + 0.4) = 2.16x Play 1, delegate the other: 1.4x + 0.52 * 1.4x = 2.13x

Play with 3 L5s: 1.4x * (1 + 3(0.4)) = 3.08x Play 1, delegate 2: 1.4x + 2 * ( 0.52 * 1.4x) = 2.86x

Play with 4 L5s: 1.6x * (1 + 4(0.4)) = 4.16x Play 1, delegate 3: 1.4x + 3 * ( 0.52 * 1.4x) = 3.58x

Play with 5 L5s: 1.8x * (1 + 5(0.4)) = 5.6x Play 1, delegate 4: 1.4x + 4 * ( 0.52 * 1.4x) = 4.31x

Level 3s:

Play with 2 L3s: 1.2x * (1 + 0.2 + 0.2) = 1.68x Play 1, delegate the other: 1.2x + 0.48 * 1.2x = 1.78x

Play with 3 L3s: 1.4x * (1 + 3(0.2)) = 2.24x Play 1, delegate 2: 1.2x + 2 * ( 0.48 * 1.2x) = 2.35x

Play with 4 L3s: 1.6x * (1 + 4(0.2)) = 2.88x Play 1, delegate 3: 1.2x + 3 * ( 0.48 * 1.2x) = 2.93x

Play with 5 L3s: 1.8x * (1 + 5(0.2)) = 3.6x Play 1, delegate 4: 1.2x + 4 * ( 0.48 * 1.2x) = 3.5x

Level 1s

Play with 2 L1s: 1.2x * (1 + 0.05 + 0.05) = 1.32x Play 1, delegate the other: 1.05x + 0.4 * 1.05x = 1.47x

Play with 3 L1s: 1.4x * (1 + 3(0.05)) = 1.61x Play 1, delegate 2: 1.05x + 2 * ( 0.4 * 1.05x) = 1.89x

Play with 4 L1s: 1.6x * (1 + 4(0.05)) = 1.92x Play 1, delegate 3: 1.05x + 3 * ( 0.4 * 1.05x) = 2.31x

Play with 5 L1s: 1.8x * (1 + 5(0.05)) = 2.25x Play 1, delegate 4: 1.05x + 4 * ( 0.4 * 1.05x) = 2.73x

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Votes 471
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0x8f09...482255
3M

YES

0x7260...34C81b
2.488M

YES

0xefC7...6900f7
1.838M

YES

0x7a0C...62F644
1.034M

YES

0xB2Db...Fa2368
709,791

YES

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Proposal Status
  • Sat April 09 2022, 05:46 pmVoting Period Starts
  • Tue April 12 2022, 05:46 pmEnd Voting Period
Current Results

1-YES

13.62M

99.75%

2-NO

33,926.439

0.25%
Quorum 13.653M/10M
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