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Crypto UnicornsCrypto Unicornsby0xa2C41Baf9522166F63C27465554D5ad962E1b1910xa2C4…b191

Staking v2 Proposal

Voting ended about 3 years agoSucceeded

Abstract Staking is a mechanism in the nascent web3 industry that incentivizes holding behavior and encourages voting participation. Early iterations of staking mechanisms have an inherent flaw in that they incentivize passive staking vs. active participation. In Crypto Unicorns, staking RBW and voting allows players to participate in making decisions that affect the future of the IP.

We believe that active players are in the best position to signal our direction as a DAO. We plan to be the first in the industry to create a more aligned staking experience by incentivizing active community and game participation via an innovative badge system. This badge system will enable active players to increase their timelock-based sRBW multiplier for higher staking rewards vs. passive stakers. To apply all this, we need to migrate to a new staking contract.

Motivation We believe in incentivizing active players with higher rewards We believe in empowering active players to participate in governance

Off-Chain Vote

Yes
53.58M sRBW86.5%
No
8.35M sRBW13.5%
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Discussion

Crypto UnicornsStaking v2 Proposal

Timeline

Nov 15, 2022Proposal created
Nov 15, 2022Proposal vote started
Nov 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated