Platform Rewards Governance Proposal for Additional BSC Marketplace — Unique.One
The Unique.One project introduced our second marketplace on Ethereum L2 xDai on the 10th of March 2021 to provide artists with a lower-cost platform option to mint their artwork.
Two different governance proposals have since been passed by the community to experiment with different reward allocations.
With the launch of the BSC Art Marketplace on April 10th, 2021 rewards must be adjusted.
After reviewing the previous rewards allocations and their ratios, it was discovered that the costs to mint on xDai vs the costs to mint on Eth did not justify the ratio of rewards allocation to xDai.
Furthermore, those minters who received rewards for minting on xDai alone received fractional rewards that actually cost them more to claim than they received. This is not efficient nor in the best interest of the community.
As BSC costs more in general minting gas fees than xDai, it is in the best interest of the community to offer rewards ratios based upon BSC and Eth platform minting exclusively.
The community is required to decide if there should be a reward split between Ethereum and BSC chain, and what it should be.
This reward allocation shall remain in effect until any additional blockchain projects are added and/or the migration to the SORA network and Polkadot environment.
The following are the options:
- 95% Ethereum/5% BSC
- 96% Ethereum/4% BSC
- 97% Ethereum/3% BSC
- 98% Ethereum/2% BSC
- 99% Ethereum/1% BSC
- 100% Ethereum/0% BSC
Voting starts April 12 00:00 and ends April 15 00:00.
You can access the Unique.One Platforms Governance page anytime on to vote on all proposals and view past proposal community consensus.
Originally published at https://www.unique.one on April 12, 2021.
