The idea since the inception of the community wearables was the price to be around $500. The reasoning behind is the costs of such wearables: storage forever in the catalyst network, bandwidth of every download, extra computing on each users browser, salary of the curation committee (i’m leaving this as reference [DAO: QmT9WrE] Revised proposal for wearable publication fees - #5 by esteban). Such costs and bills are priced in USD, and the price of MANA being so volatile made that at some point the price per item has been sometimes above $2k and sometimes below $100. That was the reason behind the proposal cited by OP to attach the price to a fiat value. That was done for a while by the DAO committee but it was a very cumbersome process and eventually it stopped being updated and stayed stuck at 100 MANA (which is way below the intended original price in USD terms). Now the mechanism introduced will keep the price in MANA pegged to a USD value (currently $500) automatically, without needing the DAO committee to update it manually. This solution is superior to what was in place before, it gets rid of speculation about when to submit items due to volatility of MANA, and it provides a more predictable income to curators. If you think $500 is too much that’s a different topic, it can be discussed and a proposal can be made to update it any time, but I believe having the price attached to a USD value rather than a MANA value is way healthier for both creators and curators long term.
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