Increasing the Token Demand through Service Fees

Input

Credit class registration
Sales commissions (including OTC)
Aaron, Robert, and others have been working on the burn function for service fees

Process

1 pager

Tokenomics group review (on a call?)

Commonwealth discussion / collection (1 week?)

Community vote

Token upgrade passed in the voting system

…

Outputs

Introducing a way to take a commission of the OTC deals

Tech (Aaron) https://hackmd.io/D7Qf7S68ReSdB3OGLq5m3g

Burning part of the fees collected

https://commonwealth.im/regen/discussion/13828-token-burning-upgrades

Increasing the service fees

Need current fees and analytics (Cory?)

Outcomes

Benefits

Token price appreciation

Risks

Bigger burdens for trade could affect activity/volumes

Feedback

Elasticity is quite high – fees can affect the dealflow, the timing might be not right, might need higher volumes for that.

Are there any events in near-term that would have large impact on monetary supply or demand? ie unlocking of big chunk held by team or investors

I'm skeptical as to effect of burning mechanism. How might those quantities relate to monetary supply? One way to affect supply in near term would be locking & bonding mechanisms. Perhaps in a pool that could fund projects?

Michael's comment parallels with my thoughts. Can't look at $regen in a vacuum. How does $regen add value to other projects, fit in larger ecosystem? I was huge fan of Terra, because of the burn mechanism - mint 1 dollar UST, burn 1 dollar Luna. But that's not enough without demand. People needed a reason to want $1UST. So Terra needed a thriving ecosystem where $1UST is useful. To whom is $regen useful? other than governance

Preload some Raspberry Pis and send to validators (DappNode?)

I was excited to hear the SeaTrees group was interested in running a validator. And encouraging others in their network to do so as well if things go well. Need to make it easier & safer to run a validator

Yea I'd be interested in talking w/ Regen Foundation re that Sara. That'd help me get others involved w/ regen, community needs some skin in the game. Was excited to see delegation to ReFiBarichara, bummed to see it fall apart but think I understand the why. Not urgent but yes please include me