This project is quite amazing and the last thing that we need is for the protocol to fail because of individuals who just want to make a quick buck or fast money. As we have seen with other staking daos before, the project tanks when there is not a penalty or locked system set in place to keep the protocol from crashing. I believe in this project long term and i would love see this action taken as soon as possible before the projects gains more people.
I vote that the penalty fee should go like this
Day 1 -7 removal= 20% of FHM Day 7-14 removal = 15% of FHM Within a 1-2 months Removal = 10% of FHM Within 2-6 months removal = 5% of FHM Within 6- 11 months removal = 2% of FHM After 1 year removal = 0.2%
The penalty fee should go towards the FHM holders who are staking. to incentivize long term holding