This proposal increases the GOLDAO transaction fee to 10 GOLDAO (≈$0.03 / 0.013 ICP), as the first step of a gradual increase plan.

The current fee is negligible and contributes almost nothing to GOLDAO's deflationary mechanics (~120 GOLDAO/year burned via fees, against ~7-9M GOLDAO/year from the DAO's buyback canister). Increasing it meaningfully strengthens GOLDAO's tokenomics without creating real friction for legitimate participants.

• Every transaction directly benefits all GOLDAO holders by reducing circulating supply.

• The buyback canister alone can't absorb future sell pressure. Based on current dissolve-delay data, tens of millions of GOLDAO will become liquid over the next 12 months, and the buyback's capacity has already declined due to lower ICP staking APY. A structural, price-independent burn (the fee) complements this gap.

• Burning reduces future competition for rewards. Every GOLDAO burned today is GOLDAO that can never dilute future stakers' share of ICP/OGY/WTN rewards.

Burn projection (with ~10,000 tx/month currently):

• At 10 GOLDAO ($0.03 / 0.013 ICP), the monthly burn would be 100,000 GOLDAO.
• At 50 GOLDAO ($0.15 / 0.065 ICP), the monthly burn would be 500,000 GOLDAO.
• At 100 GOLDAO ($0.30 / 0.15 ICP), the monthly burn would be 1,000,000 GOLDAO.

Proposed approach:

Start at 10 GOLDAO, measure the real impact on volume and burn over the coming weeks, and then evaluate increasing to 50 or 100 GOLDAO based on real data rather than projections. This will confirm the actual burn benefit per transaction — at current prices, 100 GOLDAO is just 3 cents, which is admittedly a low figure, but over the long term it can meaningfully contribute to the burn. I appreciate the DAO's support on these proposals.

This proposal was created using https://ic-toolkit.app

Proposal to change nervous system parameters:

Current nervous system parameters:

NervousSystemParameters { reject_cost_e8s: Some( 100000000000, ), neuron_minimum_stake_e8s: Some( 10000000000, ), transaction_fee_e8s: Some( 100000, ), max_proposals_to_keep_per_action: Some( 100, ), initial_voting_period_seconds: Some( 345600, ), wait_for_quiet_deadline_increase_seconds: Some( 86400, ), default_followees: Some( DefaultFollowees { followees: {}, }, ), max_number_of_neurons: Some( 200000, ), neuron_minimum_dissolve_delay_to_vote_seconds: Some( 7890048, ), max_followees_per_function: Some( 15, ), max_dissolve_delay_seconds: Some( 63115200, ), max_neuron_age_for_age_bonus: Some( 63115200, ), max_number_of_proposals_with_ballots: Some( 700, ), neuron_claimer_permissions: Some( NeuronPermissionList { permissions: [ Unspecified, ConfigureDissolveState, ManagePrincipals, SubmitProposal, Vote, Disburse, Split, MergeMaturity, DisburseMaturity, StakeMaturity, ManageVotingPermission, ], }, ), neuron_grantable_permissions: Some( NeuronPermissionList { permissions: [ Unspecified, ConfigureDissolveState, ManagePrincipals, SubmitProposal, Vote, Disburse, Split, MergeMaturity, DisburseMaturity, StakeMaturity, ManageVotingPermission, ], }, ), max_number_of_principals_per_neuron: Some( 5, ), voting_rewards_parameters: Some( VotingRewardsParameters { round_duration_seconds: Some( 86400, ), reward_rate_transition_duration_seconds: Some( 0, ), initial_reward_rate_basis_points: Some( 10, ), final_reward_rate_basis_points: Some( 10, ), }, ), max_dissolve_delay_bonus_percentage: Some( 100, ), max_age_bonus_percentage: Some( 50, ), maturity_modulation_disabled: Some( false, ), automatically_advance_target_version: Some( false, ), custom_proposal_criticality: None, }

New nervous system parameters:

NervousSystemParameters { reject_cost_e8s: None, neuron_minimum_stake_e8s: None, transaction_fee_e8s: Some( 1000000000, ), max_proposals_to_keep_per_action: None, initial_voting_period_seconds: None, wait_for_quiet_deadline_increase_seconds: None, default_followees: None, max_number_of_neurons: None, neuron_minimum_dissolve_delay_to_vote_seconds: None, max_followees_per_function: None, max_dissolve_delay_seconds: None, max_neuron_age_for_age_bonus: None, max_number_of_proposals_with_ballots: None, neuron_claimer_permissions: None, neuron_grantable_permissions: None, max_number_of_principals_per_neuron: None, voting_rewards_parameters: None, max_dissolve_delay_bonus_percentage: None, max_age_bonus_percentage: None, maturity_modulation_disabled: None, automatically_advance_target_version: None, custom_proposal_criticality: None, }