[RFC] - Locked Staking returning higher APY to long-term holders:
Yes
No
0voters
Name: [RFC] - - Locked Staking ve(3,3)
Scope: If an investor has been holding for 3+ months, they should have a higher return than a speculative trader. Selling at treasury backing does not reward loyal holders.
Reward loyalty. All data showing interaction with contract is on-chain.
Since an RFC is a “work in progress” Proposal, not all of these points need to be filled out from the beginning. They can be added over time as the RFC evolves into a mature Proposal.
I don’t like the 3 month portion. You need to roll this back to pre wMEMO. I’m in for 50k, and DCA’d more on the way down starting 11/11. I sold ONE rebase to get FTM for supporting the new project. While I do like the idea, I think the timeframe should be shortened.
I also believe the APY/rebases MUST continue. It’s the reason MOST of us joined on the first place and it is PROVEN to be a tremendous success in a BULL market.
All we need to do be able to maintain the 50k-80k APY until the next BULL run PLUS adding the all other improvements.
The rebase models is an AMAZING MARKETING TOOL YOU CAN USE.
I also believe it should be used dynamically ( e.g in the future, ONLY during a bull run to get more investors easily )
I like this proposal and think you have to stay longer to earn more rewards.
But I don’t think locking up people’s assets should be included.
So in shot. The longer you stay, the more rewards. But you can leave any time you want.
In CURVE protocol, people who stake longer in the protocol, get more rewards. For example, people who stake for 4 years, get the maximum rewards, which is. a 2.5x boost to their rewards. We need to add something similar here so that long term holders are rewarded more.
I think this is the best and appropriate proposal.
I’m for minimum staking period of 12 month’s locking up your assets.
Benefits are
1 Guaranteed APY
2.Reducing until killing the sale pressure
3.This makes less supply of coins on the market circulating supply lower than locked supply is absolutely beneficial.
Now imagine 3 months lock up period and every 3 month everyone selling and tanking the price.
You’ll have New FUD and new voting against wind down the treasury lmao
In case that anyone wants to unstake earlier than the contract the Wonderland must have in place a burning mechanism something like Burn & Redeem obviously you’ll burn your Memo and cashing out in MiM only.
This would protect the one’s who holds long term as supply is burned constantly with every paper hand sell .The circulating supply is getting lower and lower your APY is guaranteed if you minimum hold 1 year.
Just imagine the benefits.
Let’s pass this on Green guys
J
In CURVE protocol, people who stake longer in the protocol, get more rewards. For example, people who stake for 4 years, get the maximum rewards, which is. a 2.5x boost to their rewards. We need something similar here so that long term holders are rewarded more. It will incentivise people to stake longer. This reduces sell pressure and increases price. Also increases value of treasury.
I never said anything about the locking stake periods yes minimum 1 year that would be the best way to start the process of a healthy recovery.
Giving Apy too soon is too sudden should let this run at least until next year.
If you do this too quick I’m afraid that would make no difference.
Market is the best healer.
Those who bought time and wmemo 2 weeks ago well they’re doing just fine.
People who bought at the top are the noisier to scrap the Apy, Time and Wmemo.
It has to be gradually ensure that we don’t get deslisted anywhere.
I embrace more Bastion proposals that comes with burning mechanisms in place is more what we need NOW!
You want to adopt a proposal that is fruitful on a long term.
However remember we need Now! NOW! proposals to tackle our main problems.
FUD
Dillution
Sell off etc.
Lol locking up period is the minimum that anyone should qualify in order to get rewarded.
There can be two options
Locking contracts
6 months regular
12 months +1 premium
And flexible.
However for flexible you need to qualify.
I strongly suggest that Premium must qualify for flexible
Dont make it too complicated guys, we still have lotsa holders are still new to defi. I agree to locked staking to fend sell pressure or atleast create a floor price if many are lock-staking. However, I suggest lock in increment basis with different multipliers e.g.:
1-month lock - apr 0.5% daily
3-month lock - apr 1% daily
6-month lock - apr 1.5% daily
…
Things like this is easier to consume for any hodlers.
The reason we should make it a bit flexible so that we can plan locking according to our investment strategy e.g. “so-so protocol is coming or price of some token is gonna moon in 1/3 months so I need to take some profit then but lock my wmemo now first”, you know things like that.
If we only do 1 lock period, then we might not be able to implement much strategy, especially if lock period too long like a year.
I disagree, a 1.5% daily interest rate is very unsustainable, that has to be in the millions APY, even 1% would be deranged. But in the long term, i do agree with a higher APY that is Guaranteed for long term investors. But lets make it like 0.7 maybe, not sure what that would work out to as an APY, may be around 100,000%
