Lower Minimum Playing Amount Required for Play Mining
The current minimum playing amount for Play Mining is 0.5 ETH, which means that in order to take advantage of the staking multiplayer the person staking must us a minimum of 0.5 or more ETH (or PLOT equivalent) to predict on a single market. I believe that this requirement is too high, as the majority of Plot Heads (players) would not generally place a bet of that value on a single market prediction. This means that the benefits of staking are pretty much zero at present (see also my other proposal on adding further staking rewards), unless you are able to create a high value market (Creation Rewards) or you are willing to take bigger risks with larger prediction amounts.
My proposal is that we decrease the minimum amount required to receive the effect of the multiplier. I’m interested to hear what the community thinks and what number people think would be fair.
I believe that the staking requirement itself should stay the same, or potentially increase, but that the playing amount should be decreased from 0.5 ETH to 0.1 ETH or at most 0.2 ETH. This makes staking much more valuable, which encourages people to stake and it also increases the incentive to actually participate in markets as well.