HIP-007 Warmup period after staking

Background

Many Hectorians have pointed out the issue of larger holders selling directly after a rebase, putting downward pressure on HEC's price in concentrated windows after 8 hours. We do recognize there is some unwanted ‘price action’ around rebases and we have a solution to prevent this in the future.

Solution

We propose to introduce a warm-up staking period of X epochs. Users must have their HEC staked for more than X epochs/rebases before they can claim sHEC with the rebase rewards. In other words: if you stake HEC, you have to wait X epochs/rebases before you will be able to unstake sHEC. During the warm-up period, users will accumulate rewards. When X epochs/rebases have elapsed, the staked balance (sHEC) can be claimed from the warm up contract. Even more simple: you have 1 HEC, you stake it, you get 1 sHEC + the rewards after X epochs/rebases. You will be able to forfeit.

Proposal

We propose to introduce warm-up staking periods. We ask the community whether it prefers a warm-up period of 2 or 4 epochs/rebases. After your vote, we will need a few days for working on the contracts and UI.