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CCIP-059 - Repeal the pricing sections of CCIPs 48 and 52

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by COINS NEWS 100 Views

As the banner rental system has grown since January, we have done a lot to refine the system to make it easier for mods and sponsors. One aspect of this system with some friction is the pricing model, which was defined in CCIP 48 and updated in CCIP 52. Unfortunately, the updates have not quite solved the problems. There is a lot of volatility in either moon amount or moon value, and this can cause issues when there are significant moon value changes between the time of the quote and the burn.

So, we would like to repeal the pricing rules from these CCIPs and allow mods to have more flexibility in quoting prices, working with sponsors, and adjusting on the fly as needed. The banner process is a bit too new for a rigid price for the time being, but after it becomes more mature we would be happy to codify rules again in the future if it makes sense.

(CCIP 52 has several portions, so this would be a repeal of part 5, and partial repeal of 3+4)

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submitted by /u/MoonWeek
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