Time-lock for staking and vault’s rewards

NOTE: The subject of this vote is a Time-lock for staking the Locus token and vault’s rewards. Please also review other ongoing votes regarding Locus Tokenomics. The full document with tokenomics description is located here: https://docs.google.com/document/d/1b3K_TzRx4L3fr3AW_yQdFYV240XVaqXFyS83DmNthiM/edit

INTRO The traditional way of incentivising liquidity for the protocol is to give away rewards for each block. It leads to the mercenary capital, whose aim is to put liquidity, farm the best rates, dump the rewards and withdraw liquidity for the next opportunity.

In this case, the protocol gained value from the tokens given away is almost zero. There are a few ways to mitigate it through additional improvement of the tokenomics, but in the first phase, it would be effective to create a vesting mechanism for rewards.

Instead of receiving extra rewards for each block for staking and vaults, it would vest the gained rewards gradually over 30 days. It should help with aligning the interest of protocol to have sticky liquidity that generates fees with the desire of users to generate yield.

The downside of this feature is that it may reduce the willingness of some players to deposit to the vaults and Locus staking since the reward is postponed in the future.

SUMMARY The vesting period for all Locus token rewards, including staking and vault rewards, smoothens out volatility for token and helps to maintain long-term liquidity in every part of the protocol.

VOTING QUESTION Do you support linear vesting of all rewards in Locus token (including staking and extra vault rewards) for 30 days to smooth volatility and target more long-term players? *Linear vesting means that the rewards will be unlocked gradually over 30 days)