Open Market Gotchi Borrowing Limits
DAO threads: Setting Limits on Rentals
From Days to Blocks: Modifying the New Renting Safeguards
Bots are used to instantly borrow and hoard gotchis in the open rental market. This leaves gotchi renters with few profitable listings. To fix this, an experimental feature was implemented that limits wallets to borrowing one gotchi at a time. If no action is taken, this feature will be removed soon and open market rentals will revert to having no borrowing limit.
This is a proposal to impose a limit on the number of gotchis that can be borrowed from the open market at a time.
Imposing this limit will significantly hinder botting in the open rental market, allowing human users a better chance to catch good listings.
Additionally, many are unable to use all of their parcels for channeling when they are being limited to one borrowed gotchi at a time. This proposal includes the option to raise the limit on borrowing according to the number of parcels a borrower owns. There are other options for conditionally limiting borrowers, however, this parcel-based solution has already received strong support in initial polling.
Should we limit the number of gotchis a wallet can borrow from the open market?
- YES, only one gotchi at a time
- YES, only one plus the number of parcels
- NO