Great proposition. Really like how fast Eyal and the Bancor team have addressed this issues, considering all that is going on right now!

I think this is an interesting proposition, setting the RAM contract to burn EOS at a constant rate could be a good solution.

Imo, this whole RAM issue was not well thought out.  If developers are impeded by RAM price it will adversely effect the long term success of EOS.

Removing EOS from the market maker will only increase volatility as the market maker doesn't set the price of RAM, it responds to the market price of RAM.

The "futures" contract idea would be useful to allow speculation without resource hoarding.  This, however, opens another door to abuse.   Speculators would play the commodity against the derivative for gains.

we can implement it in a slab model, if ram is consumed by 10% then ram fee should be 1%, if it crosses 20%, ram fee should be 2%. it continuous for every 10%, so that the speculators maintain the price at lower but still gain in ram speculation. this makes win-win situation for both speculators and dapp devlopers

How about you ask the Dapps, the ones building on EOS, our opinion? It feels like everyone has a voice on the network but us. This is a horrible solution as we will have to pay a continuous fee on the reserved RAM for our application. I'd rather pay for RAM at $7 dollars and own it than see the RAM I have reserved devaluate at 11% a month bleeding us slowly. Maybe I'm missing something?

How about not allowing people to speculate on RAM, but instead only allow developers looking to use RAM to buy RAM?  The more developers buy RAM to airdrop and create Dapps on EOS the more valuable the available RAM becomes, but atleast the RAM is being used in a way that in return provides value to the EOS chain and tokens. RAM skyrocketed by 2000% at it's peak and all we've seen are 7 airdrops, a few folks make an amazing speculative trade but the majority of the community become concerned about the price of future airdropping & development. This could also lead to BP's buying RAM as a way of leveraging control over the chain as well. Let folks speculate on the coin, not the hardware used to establish value to the  coin.

The optimal solution is to allow RAM owners to let others use it for a fee (1% might get burned) creating a rental market. 

This way you can choose between owning or renting. Having both options is better than limiting options to only "renting".

> The main reason speculation can be harmful in this particular case is that unlike many other tokens - RAM is “backed” by a scarce resource (memory) which cannot be practically rented. An analogy would be a real estate market in which property rentals are not possible.

There is a way to rent RAM. Or to be exact, it's owning+renting combined.

Users will buy and sell RAM like they do now. But if they have more than certain amount (that's needed for basic account), they will need to pay rent for the RAM.

Obvious problem is: What happens when the account doesn't have any tokens for paying the rent? RAM can't be taken away because it can store important information.

Solution: Accounts can go in debt. When the account receives tokens next time, the debt is automatically paid.

This is not perfect solution. There could be accounts that never pay their debt. But owning that kind of account is pretty stupid because you can't do any business with it. If people try to avoid paying rent by using other tokens than EOS core token (which would be used to automatically pay the debt), we can freeze the account when it has too much debt. The rent debt must be paid before the account can do any transactions again.

This would create quite good incentives to minimize the usage of RAM.

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Burning tokens from the RAM contract is a good solution IMO. It's a form of renting without the drawbacks of real renting.

Wondering if you discussed simply raising the RAM trading fees?

This sounds like TRUE CAPITALISM at work. As a person who enjoys history, this journey with EOS is awesome. Property rights in the digital age. INHO, maybe the right Dapp paying whatever the cost for the RAM will overcome the bull run. Why is all this free publicity bad again? I hear the argument that it is stifling innovation. I just contend there may be just as much pressure in this mess pushing people to choose this platform. In the end, I feel that Dan made a product and if it is half as good as his others, I will enjoy being an early investor. When the right Dapp lands on EOS, that is when the fun will begin.

This is not a good solution. Might as well start calling RAM Gas.