Context

• Fingerprints is currently working to deliver membership perks such as FP Studio drops, allowlist/discount in partner projects, FP merch, tickets to events/exhibitions and physical prints of treasury pieces.
• A stacking mechanism would (i) reward long-term holders with perks; (ii) help to automate the delivery of such perks (real-time list of stakers vs. having to take snapshots every time); and (iii) give us constant visibility on a potential selling pressure ($PRINTS not staked)
• Discussion about the topic in Discourse: https://discourse.fingerprintsdao.xyz/t/prints-staking-and-membership-perks/328/20

Proposal

• Develop a smart contract for $PRINTS staking
  • Minimum number of $PRINTS to be staked per wallet: 5,000
  • Minimum staking period: 6 months
  • Our yet-to-be-launched NFT membership can also be staked in the same contract
  • Stakers can choose any wallet they want to receive perks
  • Staked tokens must not prevent people from voting in Snapshot
• To be developed by the team that is currently working on Traces
• Budget: 5,700 USDC
• Development period: 2 months