Improved DHT Staking Model

After collecting the overall feedback on the new DHT Staking model here are the main points and the suggestions:

Issue:

  • Concerns with risk of a pool generating a 0 performance bonus, which Increase capital risked for zero rewards. Potentially promoting more riskier behavior. I.e. investing in potential higher performing pools compared to conservative pools.

Suggestions:

Reduce max performance bonus from 100% back to e.g. 50%

Issue:

  • Suggestion of an added multiplier/option:

Timelock - where funds can be locked for 1,2,3 years.
If locked user gets an x multiplier depending on time frame.

Suggestions:

Not an issue - point of the new design is to keep users engaged with the platform - and to discourage set-and-forget

Issue:

  • Clarification on Protocol Treasury and quarterly bonus in new Model

Suggestion:

Protocol Treasury is low at the moment, would be good to keep growing [set a target, e.g. $100m] funds on protocol before further disbursements. Long-term view rather

Issue:

  • Early/current stakers are not rewarded in the new model. Potential early adopter NFT, that can have a use case in the new staking model.

Suggestion:

Give current stakers a promoted/maxed out vDHT Duration Bonus in new staking model.

Possibly not an issue for DHT earning, could be an issue in Governance.

Issue:

  • Creating an option for current stakers that are long DHT. ie don’t want exposure to other assets.

Suggestion:

dHEDGE pool that holds only DHT. This pool token can then be staked with DHT in new model.

Issue:

What will happen at DHT migration? Will we run both V1 on Ethereum for a while or instantly drop v1 and move to staking v2.?

Suggestion:

Drop v1 asap. Ideally no overlap.

3 Likes