Add 24H Time Lock to Seigniorage Mining?
Currently, seigniorage mining (adding LP to receive new USD) has no time weight feature.
It is proposed to add a minimum lock time to the stake/deposit function, such that the user upon depositing must wait at least the minimum wait time to withdraw his/her LP tokens.
During this wait time, they are free to claim seigniorage USD no problem.
Initially, this value will be 24 hours but it can be reduced or increased via Seigniorage Governor Alpha on the dashboard.
Off-Chain Vote
yes
2.21M 99.1%
no
21.13K 0.9%
Timeline
Dec 21, 2020Proposal created
Dec 21, 2020Proposal vote started
Dec 23, 2020Proposal vote ended
Oct 26, 2023Proposal updated