- Encouraging Ecosystem Participation: By depegging VP from mana, users are encouraged to actively participate in the Decentraland ecosystem. This could involve buying and trading virtual items, names, or parcels of land.
- Fairer Distribution of Voting Power: The current system may disproportionately favor large mana holders who might not be actively involved in Decentraland. Depegging VP from mana helps distribute voting power based on contributions and engagement within the platform rather than the sheer amount of mana held.
- Community Engagement: Tying VP to the acquisition of virtual items, names, or land incentivizes users to contribute to the growth and development of Decentraland. This fosters a more engaged and active community, as voting power becomes a reflection of a user’s commitment and involvement.
- Marketplace Stimulus: Introducing incentives for users to buy and trade items or land using mana can stimulate the Decentraland marketplace. This not only benefits individual users but also contributes to the overall economic activity within the platform.
- Reducing Centralization Risks: Relying solely on mana for voting power might lead to centralization if a few large holders control a significant portion of the supply. Depegging VP from mana and tying it to active participation helps mitigate centralization risks, promoting a more decentralized decision-making process.
- Alignment with Platform Goals: If Decentraland aims to be a vibrant and active virtual world, tying voting power to active contributions aligns with the platform’s goals. It ensures that decision-making authority is held by those who actively contribute to the platform’s growth.
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