[DAO:463bf17] Should we denominate the fee to mint a NAME in USD?

@Esteban Why did you create MANA if we are going to base everything on USD prices?
Can you share how this “optimizes” the user experience?

After this proposal enactment, to buy DCL Name, I must now:
USD → MANA (Equitable value of USD) → DCL Name

Prior to this proposal enactment, I would:
hold MANA → DCL Name

People would exchange USDC for MANA and hold it because 100 MANA would get you a name, but now since 100 MANA doesn’t get you a name, why would I buy MANA, until I actually need it since it is based on USD amounts?

(Obviously Voting Power is another reason)

Economics is the study of relationships. Yes “P” and “Q” are relevant, but the DAO just lowered the Demand for MANA with this proposal and increased the supply of MANA with this proposal [DAO:afda06b] Should we stop burning MANA when a NAME is minted?


You just de-valued MANA, not made it stronger. (Sorry for my sloppy drawing)