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In lieu of the recent economic crisis, we've decided to take a few actions to quell the runaway inflation. Please note that we are still discussing possible long-term major mechanics changes that we hope will eliminate the issue entirely, but for now, the policies we are going to implement, effective September 6th @ 1amET, are the following:
1. Re-implementation of the overbought mechanic. For those unaware, the overbought mechanic is a change in adjustment behavior where coins who are deemed to have been bought above a certain performance-based threshold will adjust DOWN towards a fundamental value. This aims to keep prices in check towards base value and, over time, should remove money from the economy. It also forces players to be more in tune with the chuubas and their real values, in order to know when to stop buying. One potential consequence of this is a significant increase in coin volume, but we will deal with this later.
2. Broker fees and credits. Ever since his first day on the job on April 6th, our beloved broker has been working for free. We think it is time for him to finally receive some monetary compensation for his services, and that is why we are introducing a flat 10% broker fee on all coin PURCHASES based on their ask price at the time of purchase. This rate is subject to change. Don't want to hand over your hard earned cash to the broker? That's ok! Players can receive fee credits by donating to any chuuba of their choice via the superchats. Every dollar you send to a chuuba is a dollar that won't go to the broker. This change seeks to do a few things: First, it removes money from the economy. Second, it encourages holding coins rather than flushing portfolios constantly. Note: any superchats spent before this change will not contribute to credits.
We hope these modifications will act to reduce the rate of inflation that has been occurring as well as maintain fair gameplay for the old and new players alike.
floor id 0147b6eb-84ea-47f8-b9b9-38f82e6fafd3
