I’ve been aiming to make a post about this for a while. Here is one preliminary design document I made a while ago. It calls for something similar to the situation described in A Deepness in the Sky.
Game Beginning
You start out as a young man, fleeing a vicious civilization collapse. As the member of a wealthy Qeng Ho family and son of a fleet leader, you are in charge of the only ship that escaped. You are powered down in orbit of a gas giant, watching the aftermath of the Fall. A lot of your archives have been corrupted, so you need to find some other traders or find a world to raise up.
The very first thing you do is name your family branch. Then you figure out how to take inventory of your ship systems, and how to scan surrounding space. You learn about light-lag. You have just enough fuel to get up to operating velocity. You can choose a target system.
Your aim is to become the leader of the Qeng Ho. This is not an easy feat; the Qeng Ho is a diffuse trading race, with no clear organizational hierarchy. There are several trading “families”, each with large offshoot branches (e.g. Vinh 2.0.3). The objective is to gain enough influence, and then call a meeting of the Qeng Ho. At this meeting you either convince all the families to follow you, or perform a hostile takeover.
You have as many years as are in your life to do this. Note that if you meet a civilization with hyper-advanced medical technology, this means a time bonus. You do have cryo-freeze for the time in transit between stars.
Personal Mechanics
Throughout the game there are personalities on your ship and on other ships that you can talk with. What you say affects what they think of you. If they hear bad things about you from others, they will enter into relations with poor expectations. Reputation influences the trades you can get, as well as favors you can ask.
If you gain a high enough reputation and interact enough with a person, you may become friends. You are not notified whether or not they consider you a friend until you bring it up. Friends will vouch for you or join in on a plan. Friends are much more likely to answer a distress signal you put out.
Traders that are well known often have available profiles. When you trade for someone’s profile, you can see their reputation with others, their personality, and most of their history. By gaining enough reputation with a person, you can find out what they think of other people.
Interstellar Travel Mechanics
A Bussard ramjet is used to travel quickly between star systems. A ramjet can only go so far before the mechanism breaks down. A ramjet needs to move at a certain fraction of the speed of light in order to scoop up enough fuel to continue operating. While flying above that threshold, your fuel tanks fill up. When decelerating, accelerating, or maneuvering, you burn fuel without regaining any. It is only possible to accelerate up to 30% the speed of light; a lot of energy is spent accelerating floating interstellar hydrogen up to your speed.
Ramjet engines can not be repaired on the fly. In order to fully repair an engine, you need to trade with a civilization that has the requisite technological level. This means that you may have to raise a civilization to high-tech in order to continue flying.
If your engine breaks down mid-flight, you will very slowly lose speed (from colliding with interstellar particles), and continue to drift until you either exit the galaxy, crash into a star, or are picked up.
Note that different regions of space have different interstellar medium densities. For instance, our local cluster lies inside a relatively sparse region, making ramjets less feasible. One aspect of choosing a destination in the game is navigating around low-density “bubbles”.
Choosing your target is important. Since you can only hear transmissions from the past, you have to judge whether or not a civilization will be as advanced as you want it to be when you arrive. Flying to a system that is at a peak level of technological advancement will probably have collapsed by the time your fleet arrives. This just means you have to spend time (although you have cryogenics, you still usually come out of it every so many months to make sure the fleet is still on track) helping them get back up to a sufficient level to repair your fleet.
Trading Mechanics
Planetary civilizations rarely want materials. They can mine almost everything they need from their system, and the price of lugging raw materials across interstellar space is too high for you. The exception is high-tech equipment. Civilizations will pay dearly for technology that they either cannot physically manufacture (as with Beyond relics) or are nowhere near the technological sophistication needed to synthesize the tech.
Civilizations value information more than anything. A faction will pay a grand sum for anything that will let them dominate their opponents. Advanced secrets help advanced civilizations keep their expanding infrastructure under control. Usually you can broadcast such information ahead of you, as long as its encrypted. This gives the civilization warning that you are coming, and when you get there you can trade away the keys needed to decrypt the information (on this note, the Qeng Ho constantly broadcast a certain amount of information for free to make sure that civilizations they meet have similar measurement standards, language, etc.).
Conversely, traders have a huge store of knowledge, but lack the infrastructure or resources to maintain themselves. Spacefleets will often bargain limited pieces of technology in order to buy volatiles, fuel, and new equipment. Sometimes civilizations will provide these for free to weasel better deals from you.
Occasionally a civilization will become exceedingly advanced in one area of technology. They will invent something truly revolutionary. If you get your hands on one of these pieces of technology, you will have leverage over all other Traders. You may have to bargain hard to wrest the technology from the civilization at hand.
Combat Mechanics
Be warned. Consistent use of weapons will cause other traders to shun you and make civilizations bar you from their systems. Someone might even try to hunt you down if you destroy their civilization but leave even part of a defense fleet.
Space combat is a fickle subject to approach. It is best summed up by these two pages on Atomic Rockets, although every page there provides good insight.
Interplanetary Flight
This will probably be some sort of simplified KSP-like interface. That is, you initiate maneuvers to change orbit. The problem here is balancing technical details against flexibility and realism. Optimally, players should be able to identify their desire to conserve fuel against time constraints, and let the computer select the best orbital maneuvers to transfer between planets, space stations, Lagrange point colonies, etc. However, because players may want to do wonky things in orbit during a battle sequence (establish oblique orbits, do hard burns, etc.)
I guess you could distinguish between normal navigation and battles. Battles would probably happen around one central body, unless there was a moon involved. However, battles would probably happen really fast (over in minutes) or really slow (taking months).
And that’s as far as I got in describing it.