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Isn't the price of voting too high? #1877

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Qiao-Jin opened this issue Aug 26, 2020 · 3 comments · Fixed by #2010
Closed

Isn't the price of voting too high? #1877

Qiao-Jin opened this issue Aug 26, 2020 · 3 comments · Fixed by #2010
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Discussion Initial issue state - proposed but not yet accepted

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@Qiao-Jin
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Summary or problem description

Current voting price is 5 GAS, no matter how much NEO the voter holds. So what is the voting incentive of NEO holders with only a few NEO? What they will get after voting can be far more less than what they need to pay for voting.

Do you have any solution you want to propose?

We should redefine the voting fee.

Neo Version

  • Neo 3

Where in the software does this update applies to?

  • Governance
@Qiao-Jin Qiao-Jin added the Discussion Initial issue state - proposed but not yet accepted label Aug 26, 2020
@shargon
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shargon commented Aug 26, 2020

I think that all prices should be recalculated

@diskooooo
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Also think about what happens if GAS goes back to $100 at one point? In that case casting a vote will be $500, surely way too much. Will prices/fees be made adjustable based on market conditions?

@Qiao-Jin
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Qiao-Jin commented Sep 1, 2020

I think that all prices should be recalculated

Any plan about redefining price of interops?

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