Should we retire the Baazaar listing fee?

limit orders would be so dreamy.

The listing fee is harmful to the market liquidity and activity. I’ve already tried to push removing it a year ago. Mentioned botting problem is nonsense. It is the same as removing market makers from a market.

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Idea 1:
Remove the fees and add some backend signer to make sure the listing was done using the UI

Idea 2:
5 free listing per day per wallet.
Then it’s 0.1 Matic per listing.
=> I guess they can have multiple wallets but they’ll have the cost of transferring ERC1155s?

Idea 3:
Each time you relist the same item without selling it, the same day/week, the baazaar takes a higher fee at sale.

PS: I didn’t say they were great ideas, but maybe it can give birth to a better idea in your brain.

Glad to see some action in this thread! It’s actually something we’d like to move on soon.

This isn’t really an option as, similar to the current GBM, we are not using a backend to track if someone is ā€œonlineā€, and thus it’s easy to just call the backend API to get the signature.

This adds a lot of extra accounting on the smart contract side, which will add gas. I don’t think it’s a great solution.

Same as above. Lots more onchain accounting.

I’m planning to make a sigprop soon with the following options:

  1. Convert 0.1 GHST into 0.1 MATIC. Everything else stays the same.
  2. Option 1 + Fee is only charged for delisting, not initial listing.
  3. Remove the fee completely.

There will be a stipulation that this issue will be revisited in 90 days and we’ll work on a dashboard to help analyze the before/after effects of whichever options passes.

The fee itself will go into a new wallet owned by the DAO that could potentially be using for paying for gasless txns of certain areas of the dapp.

If no one has any major objections, I’m planning to make this Sigprop this week!

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I think listing fee is neccessary, as protection againts bots.

I havent heard idea ā€œlets replace GHST listing feeā€ for Alchemica.

Its not just about alchemica sinks, we need more ā€œnicheā€ use for each alchemica type.

What if we use 2 KEK as listing FEE? We can always change the FEE if alchemica go down in price / up in price…If needed we could propose some automatic mechanis each Month / Year Quater to revisit fee based on GHST to KEK ratio.

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Interesting idea but the main motivation behind removing the fee or changing it to MATIC was so newcomers who want to list an item don’t have to go searching for an ERC20 token they don’t already own. Polygon users already have MATIC so if we keep the fee it would make sense to use MATIC token for it, not another ERC20 token.

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I understand the need for more Alchemica sinks. But are we blurring the line between Aavegotchi the protocol and Gotchiverse the game? I think Alchemica needs to stay in the Gotchiverse as a in-game tokens. Unless of course we’re talking about creating a separate Baazaar type experience in the Gotchiverse for which Alchemica would make perfect sense. But that seems like a different conversation.

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I understand,

what if we give option in ā€œsettingsā€ā€¦ you could choose between GHST, MATIC (default) or KEK, what would you like to be your bazzar FEE payment.

I dont know how difficult it is to implement / code… so might not be worth it.

Here:

My views is very pragmatic on this. I am looking for alchemica utility where i can.

Moar alchemica utility / sinks → Moar value to gotchiverse lands → Moar Land auctions → Income for Pixelcraft.

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Oh my poor tax accountant :sweat_smile:

With Aavegotchi currently having 6 x ERC-20 tokens, I’d love to do less on-chain, not more. I’m sure we can find a ton of use for Alchemica within the Gotchiverse game moving forward.

Simply put, currently for tax reporting (as far as I can tell); Alchemica tokens are deposited into a Pool (Gotchiverse), and withdrawn later as Rewards. All the hundreds (thousands?) of off-chain (non-taxable events) that take place in the game environment is nobody’s business. But I’m probably on a tax rant because I’m trying to work out my many thousands of Aavegotchi transactions from 2022 :confounded:

But taxes aside, I’m just a fan of KISS. coderdan already admitted we’ve reached maximum complexity in 2022. I think preventing the in-game economy from seeping out into the Protocol just makes sense. For both newbies and for the unfortunate annual pain we need to go through with taxes.

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