Post by @levychain • Hey

i published a new LIP proposing Lens turns on protocol fees for free collects. what do u think? https://github.com/lens-protocol/LIPs/pull/51

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In theory it works and I agree it should be implemented. However with the rise of meme coin collects on lens it creates a hard way to put what should be the mint fee token.
A fixed fee structure aligns incentives for users that create low cost/high value mass content. This type of content fits well in the context of a social protocol, where network effects are higher and will increase with time. And overall, increases the sustainability for the protocol.