Post by @lens • Hey
[LIP:16] Standardizing Fees for Collecting NFTs and Other Paid Actions. Join the discussion:
https://github.com/lens-protocol/LIPs/pull/43
Comments
- Its good
- This LIP proposal presents a well-thought-out approach to addressing the long-term sustainability of the Lens Protocol ecosystem. The introduction of standardized fees for paid actions, such as collecting NFTs and paid follows, offers a promising solution to ensuring a fair distribution of value among the protocol, applications, and content creators.
The motivation behind this proposal is clear and compelling. As the ecosystem evolves, it is crucial to establish a viable revenue model that supports growth while maintaining a user-friendly experience. The proposed fee structure strikes a balance between these objectives, creating a circular economy that benefits all participants.
The specification and rationale section provides a detailed explanation of how the standardized fee mechanism would work in practice. The suggested 4-4-2 model, where 2% of the fee goes to the protocol, 4% to the application where content was created, and 4% to the application where the content was collected, seems like a reasonable starting point. This distribution ensures that the protocol can continue to support its development and provide a gasless experience, while also incentivizing applications to drive user engagement and revenue generation.
Drawing inspiration from successful experiments like Orb's community wallet feature is a smart move, as it demonstrates the potential effectiveness of this approach. Standardizing this practice across the Lens Protocol ecosystem could lead to a more equitable and sustainable environment for creators and applications alike.
Overall, this LIP proposal presents a well-researched and thoughtful solution to a critical challenge facing the Lens Protocol ecosystem. By implementing a standardized fee structure for paid actions, the protocol can foster a balanced and sustainable growth model that benefits all stakeholders. The proposal's emphasis on equitable value distribution and support for both creators and applications is commendable, and I believe it deserves serious consideration by the Lens community.
- good porposal I support Iit
- Amazing suggestions on the distribution of fees. guys join the conversation. please let us get as much eyes as possible. That's what open source stands for.
- Important LIP, I hope it will be implemented.
- good proposal
- lfg👍️
- LFGrow 🌿
- Great one LFG 🔥🔥🔥
- It sounds good
- Great job
- good thing