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Moon Week 46 Governance Results and Impacts to Ecosystem Pricing.

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by COINS NEWS 37 Views

With Moon Week 46 coming to an end, it's time to review the results of the Governance Proposals and how these will impact the CC Ecosystem moving forward.

The Governance Results are as Follows:

Quorum was set at 6M Moons in favor.

---------------

With Mods continuing to work out the details of establishing a DAO; Moon governance this Moon Week focused on:

  • Ecosystem Expansion (CCIP 079, CCIP-080)
  • Ecosystem Cost tuning (CCIP-078, CCIP-081, CCIP-082).

We're excited to announce four of the governance proposals passed which will impact CC Ecosystem pricing moving forwards.

IMPORTANT: While implementing the changes into our pricing calculator it was discovered there was a bug in the Traffic Reference section of the calculator, once fixed it increased prices across the board an additional ~100%.

This is especially noticeable for events which increased by ~600% compared to the planned 300% increase.

Current Pricing (but will Change with changes to Sub Traffic and Moon price):

Old Pricing Pricing as of Mar. 07th 2024
Events 1,350 Moons 9,000 Moons
Base Banner Cost per day 2,700 Moons 6,000 Moons
Adjusted Banner Cost with CCIP-082 per day N/A 28,080 Moons
Sponsored Post 450 Moons 1,000 Moons
Sponsored Comments (CCIP-079) N/A 60,000 Moons
Sponsored Polls 900 Moons 2,000 Moons
Year Long Sponsorship (CCIP-080) N/A 360,000 Moons

As a result of the recent CCIPs and the correction to the calculator - you can see the pricing has increased significantly across the board for all Ecosystem activities. The banner is currently booked until June and Events are booked out for roughly a month.

Although it is a steep increase - due to the built up demand, we have a small bit of cushion to test the higher prices.

IMPORTANT NOTES:

  • The price of the banner in CCIP-082 increases for every day that the banner is booked. This means the price of the banner will drop over time if no one is renting it and would reach 6K if there are 0 days booked on the banner.
  • Because prices increased more than planned, we need to watch how demand changes and may need to adjust pricing in the future.
    • We have about 3 Months of cushion to test the new Banner Pricing
    • We have about 1 Month of cushion to test the new Event Pricing.
  • If you want to make sure we can keep the higher pricing structure you can reach out to potential companies and let them know about the CC Ecosystem Marketing Opportunities - have them contact mods through Mod Mail if they are interested.
submitted by /u/GabeSter
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