AIP-161: A Reward Proposal for Staking Contract Gas Optimization Contribution

ABSTRACT

• Ape coin staking has been one of the most anticipated events in the crypto space. Ensuring the security and efficiency is a high priority.
• Multiple gas optimizations were proposed to the community and Horizen Labs team and received positive feedback, the team have implemented them and they are live on the mainnet staking contract.
• For the input on optimizing the gas fees consumption that were disclosed and discussed previously on an AIP idea, a reward is proposed for the timely contribution.
• Note that gas optimizations are completely out of AIP-134 bug bounty scope, as it is only focused on security vulnerabilities.

OVERALL COST

Proposed reward is a floor BAYC, equivalent to 10% of the funds saved upfront. It would be HODLed and staked to earn $APE rewards.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-161-a-reward-proposal-for-staking-contract-gas-optimization-contribution/9340

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.