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RE: DAO Proposal: Revamp Splinterlands Affiliate Program

in #spsproposal9 months ago

Thank you for putting forward this proposal to revise the Splinterlands affiliate program.

I have some reservations regarding the mechanism proposed for funding the 0.75% affiliate commission on secondary market transactions. The suggestion to reduce the existing 2% market burn fee to allocate funds for this commission raises concerns about potentially undermining the long-term value accrual of DEC, as it would decrease the burn rate.

Technically speaking, adding a separate affiliate fee on top of the existing market fees might be more straightforward than adjusting the distribution of the current fee. Did you spook with someone from Team about it?

This approach would not only preserve the existing burn rate, but it would also simplify the implementation process. While it could lead to a slight increase in the overall transaction cost, this method would ensure a sustainable way to fund the commissions without compromising the deflationary mechanics of DEC.