Merge pull request #40 from Geo-Web-Project/develop

Update doc references to new claim & minimum for sale price

Author: gravenp

docs/003-getting-started/001-quickstart.md

@@ -15,8 +15,8 @@ description: >-
    - Privacy Tip: Consider using a fresh address for any land claims associated with your place of residence.
 2. Connect your wallet to the Optimism network
    - [Add it to your wallet via Chainlist.org (ChainID = 10)](https://chainlist.org/?search=Optimism)
-3. At least 0.008 ETH per parcel to cover transaction payments & gas
-   - Each parcel registration is a fixed 0.005 ETHx + [an annual PCO Network Fee stream](../concepts/partial-common-ownership)
+3. At least 0.002 ETH per parcel to cover transaction payments & gas
+   - Each parcel registration is a fixed 0.001 ETHx + [an annual PCO Network Fee stream](../concepts/partial-common-ownership)
    - You can bridge ETH to Optimism via the [official bridge](https://app.optimism.io/bridge/deposit) (or [one of several 3rd parties](https://www.optimism.io/apps/bridges))
    - You can also [send ETH to your address on Optimism directly sent from several centralized exchanges](https://help.optimism.io/hc/en-us/articles/10800854161563-Centralized-exchanges-that-support-Optimism)
 4. Navigate to the [**Geo Web Cadastre**](https://geoweb.land/) with a modern browser and [begin transacting](./claim)!
@@ -30,7 +30,7 @@ description: >-
 - Connect your wallet to the OP Sepolia Testnet
   - [Add it to your wallet via Chainlist.org (ChainID = 11155420)](https://chainlist.org/?search=op+sepolia&testnets=true)
 - At least 0.01 ETH per parcel to cover transaction payments & gas
-  - Each parcel registration is a fixed 0.005 ETHx + [an annual PCO Network Fee stream](../concepts/partial-common-ownership)
+  - Each parcel registration is a fixed 0.001 ETHx + [an annual PCO Network Fee stream](../concepts/partial-common-ownership)
   - You can bridge Sepolia ETH to OP Sepolia via the [official bridge](https://app.optimism.io/bridge/deposit)
   - [Testnet faucets are available](https://community.optimism.io/docs/useful-tools/faucets/) but constrained. [Join our Discord](https://discord.gg/sbqWRGhb) & message the team if you need more testnet funds.
 - Navigate to the [**Geo Web Testnet Cadastre**](https://testnet.geoweb.network/) with a modern browser and [begin transacting](./claim)!

docs/003-getting-started/002-claim.md

@@ -10,7 +10,7 @@ description: Step-by-step instructions for making Geo Web parcel claims
 :::
 
 :::info
-**Reminder: All parcel claims require an upfront payment of 0.005 ETHx**. Your ongoing fee stream is variable based on your `For Sale Price`. [All funds go to supporting public goods!](../concepts/network-funds)
+**Reminder: All parcel claims require an upfront payment of 0.001 ETHx**. Your ongoing fee stream is variable based on your `For Sale Price`. [All funds go to supporting public goods!](../concepts/network-funds)
 :::
 
 Geo Web land parcels can be claimed around the globe via the [Cadastre (https://geoweb.land)](https://geoweb.land/) user interface. 
@@ -29,11 +29,11 @@ So once you have all the [quick start requirements](./quickstart) covered, follo
 
 <figure><img src="/assets/Claim Start (1).png" alt="View of the start of a parcel claim on the Geo Web near the Eiffel tower."/><figcaption><p>Starting a parcel claim. Pending parcel claims show as yellow rectangles in the Geo Web Coordinate grid.</p></figcaption></figure>
 
-4\. **Enter your `For Sale Price` (in ETHx) for the parcel**. This value should represent the price that you would be willing to sell this parcel for (it can be adjusted later). It must be greater than or equal to the flat claim fee of 0.005 ETHx:
+4\. **Enter your `For Sale Price` (in ETHx) for the parcel**. This value should represent the price that you would be willing to sell this parcel for (it can be adjusted later). It must be greater than or equal to the flat claim fee of 0.001 ETHx:
 
-<figure><img src="/assets/Min Claim Price.png" alt="Entering the For Sale Price during a fair launch claim on the Geo Web--the value entered must be greater than the current auction bid."/><figcaption><p>All claims require a 0.005 ETHx registration payment. We don't let price your parcel for less than that!</p></figcaption></figure>
+<figure><img src="/assets/Min Claim Price.png" alt="Entering the For Sale Price during a fair launch claim on the Geo Web--the value entered must be greater than the current auction bid."/><figcaption><p>All claims require a 0.001 ETHx registration payment. We don't let price your parcel for less than that!</p></figcaption></figure>
 
-5\. The ongoing `Network Fee` you are required to pay is proportional to the `For Sale Price` that you enter. This is a key requirement of [partial common ownership](../concepts/partial-common-ownership). You'll pay these `Network Fees` by opening and maintaining a per-second ETHx stream to the Geo Web treasury. **The **_**Transaction Summary**_** shows the details of the three payment components required to make your claim: the fixed claim payment (0.005 ETHx), an ongoing payment stream, & a** [**stream buffer**](https://help.superfluid.finance/en/articles/5744874-how-do-stream-buffers-work-in-superfluid)**.**&#x20;
+5\. The ongoing `Network Fee` you are required to pay is proportional to the `For Sale Price` that you enter. This is a key requirement of [partial common ownership](../concepts/partial-common-ownership). You'll pay these `Network Fees` by opening and maintaining a per-second ETHx stream to the Geo Web treasury. **The **_**Transaction Summary**_** shows the details of the three payment components required to make your claim: the fixed claim payment (0.001 ETHx), an ongoing payment stream, & a** [**stream buffer**](https://help.superfluid.finance/en/articles/5744874-how-do-stream-buffers-work-in-superfluid)**.**&#x20;
 
 <figure><img src="/assets/Transaction Summary.png" alt=""/><figcaption><p>Network Fees are proportional to entered For Sale Price and are paid via an ETHx steam. They are collected in addition to the one-time claim payment.</p></figcaption></figure>
 

docs/004-concepts/006-fair-launch.md

@@ -14,14 +14,23 @@ The Geo Web fair launch auction ended on January 14th, 2023. The following artic
 
 **Network:** Optimism ([EVM ChainID 10](https://chainlist.org/?search=Optimism))
 **Claim Interface:** Geo Web Cadastre ([https://geoweb.land](https://geoweb.land) or [https://cadastre.eth.limo](https://cadastre.eth.limo))
+
 **Auction Type:** Dutch auction (linearly decreasing)
+
 **Start Time (claims allowed):** Thursday, December 15th, 2022, 17:00 UTC
+
 **End Time (minimum claim price reached):** Saturday, January 14th, 2023, 17:00 UTC
+
 **Starting Price** 100 ETHx ([Superfluid wrapped ETH for streaming](https://docs.superfluid.finance/superfluid/developers/super-tokens/super-tokens/types-of-super-tokens/native-asset-super-tokens))
-**Ending Price:** .005 ETHx (less than the price of a standard domain name)
+
+**Ending Price:** .005 ETHx (The claim fee & minimum for sale price have subsequently been lowered to .001 ETHx)
+
 **Land Available:** The whole Earth—user-defined parcels must be rectangular, not overlap an existing parcel, and be less than or equal to 3,000 [Geo Web coordinates](../developers/core-contracts/registrydiamond/geowebparcelfacet/geo-web-coordinates).
+
 **Market Structure:** Auction bid payments are made in addition to the [ongoing PCO market requirements](./partial-common-ownership).
+
 **Payment Token**: If you don’t have ETH on Optimism yet, you can bridge funds via the [Optimism Bridge](https://app.optimism.io/bridge/deposit) or [alternatives](https://www.optimism.io/apps/bridges). You can also directly purchase ETH on Optimism via [Ramp](https://ramp.network/buy/?defaultAsset=OPTIMISM_ETH) (no affiliation, not an endorsement, DYOR).
+
 **Test Before You Buy:** If you're not ready for the real thing just yet, you can explore the Geo Web testnet accessible at [https://testnet.geoweb.land/](https://testnet.geoweb.land/).
 :::
 

docs/006-community-and-governance/005-network-parameters.md

@@ -9,14 +9,15 @@ description: >-
 The Geo Web [core contracts](../developers/core-contracts/) contain [numerous](https://github.com/Geo-Web-Project/core-contracts/blob/main/contracts/registry/facets/PCOLicenseClaimerFacet.sol) [parameters](https://github.com/Geo-Web-Project/core-contracts/blob/main/contracts/registry/facets/PCOLicenseParamsFacet.sol) that can be updated to adjust the dynamics of its [partial common ownership system](../concepts/partial-common-ownership). The founding team has set the initial values, but as the network evolves and external circumstances change, these values can be adjusted via governance available and appropriate for the time:
 
 - Payment Token = ETHx
-- Minimum For Sale Price = .005 ETHx per parcel
+- Ongoing Claim Payment = .001 ETHx per parcel
+- Minimum For Sale Price = .001 ETHx per parcel
 - Network Fee Rate = For Sale Price \* 10% per year
 - Bid Rejection Penalty = Bid For Sale Price \* 10%
 - Bid Response Window = 7 Days
 - Reclaim (Foreclosure) Auction Length = 14 Days
 - PCO Market Beneficiary Address = [0x5aD276439E3772FDb6696B6cB61401902D4e8b72](https://optimistic.etherscan.io/address/0x5ad276439e3772fdb6696b6cb61401902d4e8b72)
-- Fair Launch Start/End Time = Thursday, December 15th, 2022, 17:00 UTC
-- Fair Launch Start/End Bid = Saturday, January 14th, 2023, 17:00 UTC
+- Fair Launch Start/End Time = Thursday, December 15th, 2022, 17:00 UTC to Saturday, January 14th, 2023, 17:00 UTC
+- Fair Launch Start/End Bid = 100 ETHx to .005 ETHx
 - Geo Web Grid Size
   - \# of longitudinal lines = 2^23
   - \# of latitudinal lines = 2^22