Update Multiple Wearables ICE Rewards Bonus
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
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x8f09...482255 | 3M | YES |
0x7260...34C81b | 2.488M | YES |
0xefC7...6900f7 | 1.838M | YES |
0x7a0C...62F644 | 1.034M | YES |
0xB2Db...Fa2368 | 709,791 | YES |
VOTE POWER
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
2-NO
33,926.439
