Dynamic Omni-chain DAO Staking

The growth and dynamism of the Level ecosystem necessitate innovative staking solutions. This proposal aims to streamline LGO earnings across Level’s supported chains while ensuring that the emission of LGO remains proportional to the value generated within the ecosystem. By introducing epoch-based Omni-chain staking, we aim to create a more flexible, efficient, and lucrative staking environment for our community.

Objectives

1. Universal LGO Earnings: Enable users to earn LGO seamlessly across all Level’s supported chains, including ARB and BNB chains.
2. Dynamic LGO Emission: Introduce a mechanism that adjusts LGO emission based on the fees generated, ensuring that the emission remains valuable and is a true reflection of the ecosystem's activity.
3. Strengthen LVL Liquidity: By introducing new staking incentives, we aim to bolster the liquidity of LVL, which is essential for the token's stability and growth.

Proposals

1. Epoch-based Omni-chain Staking:

Transition LGO staking to an epoch-based Omni-chain mechanism, allowing users on all Level’s supported chains to earn LGO.

2. Dynamic LGO Emission:

At the end of each epoch, LGO emission will be dynamically set to 80% of the fees that the DAO received during that epoch. This ensures that the emission remains valuable and is tied directly to the activity within the ecosystem.

3. Incentive for LVL/USDT LP Staking:

Users can stake LVL/USDT LP to earn LGO at a reward rate that's 2.5 times more than single-sided LVL staking.

4. Vesting with LVL/USDT LP Staking:

Additionally, staking LVL/USDT LP will allow users to vest their preLVL at a rate that's 2.5 times higher than the single-sided LVL staking mechanism.

Voting options:

• For: Agree with this proposal
• Against: Do not agree with this proposal
• Abstain: Do not have strong opinion about this proposal