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MITH CashMITH Cashby0x842F694A67184c00C9b31B9fb745A4c23784a9850x842F…a985

Timeweight all boardroom staked MIS during seigniorage distribution

Voting ended about 5 years agoSucceeded

Current state: Currently, full pro-rata epoch is provided to all MIS boardroom stakers, no matter when your MIS is staked

Issue: Incentivizes people to maintain optionality by keeping MIS on the sidelines, doesn't reward long term support for community

Proposal: Timeweight all boardroom staked MIS, to reflect "total staked MIS by community", "your staked MIS", "your effective staked MIS", "potential reward this epoch. This way, community is rewarded for longer term support. Longer you stake your MIS in the 24 hours prior, the more your staked MIS is worth (pro-rata to time staked), the more of epoch you get

Expected Result: People will lock their MIS in the boardroom, feel significant pinch about taking out MIS / putting back in, and think hard before taking out of boardroom for whatsoever reason

Potential issue: Lack of liquidity of MIS outside of boardroom

+++++

For: Timeweight all boardroom staked MIS per proposal above

Against: Do nothing

Off-Chain Vote

For
16.67K 100%
Against
0 0%
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Timeline

Jan 11, 2021Proposal created
Jan 11, 2021Proposal vote started
Jan 12, 2021Proposal vote ended
Oct 26, 2023Proposal updated