[Temp Check] Discounts for longer renewals

DAO-Wide Temp Check
1

Motivation

Now ENS has passed its initial stage and has become a stable and reliable infrastructure in the crypto industry. ENS has become very familiar to most people in the industry. For many of these people, using ENS has become a long-term option. We believe that ENS should incentivize users who make this long-term choice by providing certain discounts for long-term renewals.

A few months ago, @2048.eth posted [a related thread](https://discuss.ens.domains/t/a-method-to-increase-the-effective-number-of-ens -users/18440), this proposal was supported by most of the responders (including me). I think it deserves a Temp Check as a proposal.

Providing discounts for long-term renewals should have at least the following benefits:

  1. Reduce the cost burden of real ENS users.

  2. Reduce the gas consumption of repeated renewals.

  3. Reduce the probability of domain name expiration due to forgetting to renew.

Specification

@2048.eth and I discussed the specific options for discounts. Here are three simple and feasible price models.

Pricing Models

A: No discount, current scheme

Total Price = price per year * years

B: Max 50% Off for 6 years:

  • 1 year : no discount, $5 for 5-character, $160 for 4-character, $640 for 3-character
  • 2 years : 10% Off, $9 for 5-character, $288 for 4-character, $1152 for 3-character
  • 3 years : 20% Off, $12 for 5-character, $384 for 4-character, $1536 for 3-character
  • 4 years : 30% Off, $14 for 5-character, $448 for 4-character, $1792 for 3-character
  • 5 years : 40% Off, $15 for 5-character, $480 for 4-character, $1920 for 3-character
  • 6 years : 50% Off, $15 for 5-character, $480 for 4-character, $1920 for 3-character
  • 7 years : 50% Off, $17.5 for 5-character, $560 for 4-character, $2240 for 3-character

C: Max 50% Off for 11 years:

  • 1 year: no discount, $5 for 5-character, $160 for 4-character, $640 for 3-character
  • 2 years: 5% Off, $9.5 for 5-character, $304 for 4-character, $1216 for 3-character
  • 3 years: 10% Off, $13.5 for 5-character, $432 for 4-character, $1728 for 3-character
  • 4 years: 15% Off, $17 for 5-character, $544 for 4-character, $2176 for 3-character
  • 5 years: 20% Off, $20 for 5-character, $640 for 4-character, $2560 for 3-character
  • 6 years: 25% Off, $22.5 for 5-character, $720 for 4-character, $2880 for 3-character
  • 7 years: 30% Off, $24.5 for 5-character, $784 for 4-character, $3136 for 3-character
  • 8 years: 35% Off, $26 for 5-character, $832 for 4-character, $3328 for 3-character
  • 9 years: 40% Off, $27 for 5-character, $864 for 4-character, $3456 for 3-character
  • 10 years: 45% Off, $27.5 for 5-character, $880 for 4-character, $3520 for 3-character
  • 11 years: 50% Off,$27.5 for 5-character, $880 for 4-character, $3520 for 3-character
  • 12 years: 50% Off,$30 for 5-character, $960 for 4-character, $3840 for 3-character

Which option would you choose? Welcome to join the discussion.

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