KIP-115: Reduce Staking Cooldown

Simple Summary

This KIP proposes changing the staking cooldown period in Kwenta from 14 days to 7 days, enhancing liquidity and user flexibility.

Abstract

The proposed adjustment will modify the staking cooldown mechanism within the Kwenta protocol. This change aims to provide a balance between maintaining secure governance and offering users greater agility in managing their staked assets.

Motivation

The existing 14-day cooldown is a preventive measure against voting manipulation but is overly restrictive for users needing quick access to their assets in a volatile market. Reducing the cooldown to 7 days aligns with the need for both responsive liquidity and reliable governance.

Specification

For more information, visit the: Kwenta State Log