Starting from March 7th, fees will rise to 5.25% in place of the current 4.25%. Additionally, creators of in-game content will receive 1% from every transaction made with their creations, while the rest of the amount will be transferred to the Community Treasury, as is currently the case.
On the one hand, it seems controversial for the developers to raise the fees instead of keeping them stable. On the other hand, the decision will provide the Community Treasury will a consistent stream of funding. Moreover, as the treasury is driven by the community it is effectively a shared pool governed by all AXS holders.
So far, the treasury has collected approximately 21,000,000 AXS and 55,000 ETH, and is thus valued at over a billion U.S. dollars.
Fee adjustments can be great motivation for creators to develop the community and the game itself.
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