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closedEnded 3 years ago Â· Snapshot (Offchain)

PIP-27 - Enable BAYC Traits Multiplier

By 0x2797...93559D

Abstract: Several BAYCs are valued higher than floor, while currently JPEG’d values all BAYC at floor using an oracle from Chainlink. This proposal would introduce multipliers for certain BAYC traits to be valued higher than floor.

Background: Following the punk multiplier PIP, this proposal would apply multipliers to selected BAYC attributes giving them a higher credit limit on the JPEG’d protocol by locking $JPEG. The same locking parameters as for Punks traits would apply to BAYCs:

  • Lock can be set to any time period
  • The amount of JPEG to lock is equal to 10% of the of the increased credit limit
  • If the user does not relock JPEG when the lock expires the BAYC value would return to floor.

Here are the proposed multiplier values for the top BAYC traits:

  • Fur-Solid Gold: 8x
  • Eyes-Blue Beams: 3.5x
  • Fur-Trippy: 3.5x
  • Clothes-Black Suit: 3x
  • Mouth-Bored Unshaven Pizza: 2x
  • Eyes-Laser Eyes: 1.75x
  • Hat-King’s Crown: 1.75x
  • Hat-Trippy Captain’s Hat: 1.75x
  • Clothes-Space Suit: 1.5x
  • Clothes-Hip Hop: 1.5x
  • Mouth-Grin Diamond Grill: 1.5x
  • Mouth-Grin Gold Grill: 1.5x
  • Mouth-Bored Unshaven Dagger: 1.25x
  • Mouth-Bored Dagger: 1.25x
  • Mouth-Bored Pizza: 1.25x
  • Clothes-Pimp Coat: 1.25x

These values would take the BAYC floor oracle from Chainlink and apply the above multipliers. As such, their valuations fluctuate with movements of the floor oracle. Changes to these multipliers or additional traits can be added with a valid PIP.

Proposal: Implement BAYC trait multipliers with the above values and specifications.

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Votes 36
VoterCast PowerVote & Rationale
0x9c50...a5dAC5
690.846M

Yes, enable BAYC traits Boost

0x9f50...2DDa55
446.214M

Yes, enable BAYC traits Boost

0x88a6...1E7FC3
388M

Yes, enable BAYC traits Boost

0xA120...516f04
347.1M

Yes, enable BAYC traits Boost

0xE470...dAC46D
328.217M

Yes, enable BAYC traits Boost

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Proposal Status
  • Tue November 22 2022, 01:09 amVoting Period Starts
  • Fri November 25 2022, 01:09 amEnd Voting Period
Current Results

1-Yes, enable BAYC traits Boost

2.689B

Quorum 2.689B/2.083B
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