Please only vote on this proposal if you voted YES to amending mStable's SAVE functionality as outlined in MIP-5.
In order to improve long-term alignment with the future of mStable's protocol, mStable's genesis team has proposed an imUSD deposit box where long-term Savers can store their imUSD and earn MTA.
This deposit box serves the following functions:
SAVE's APY will be boosted for MTA Stakers and lockups will apply.
mStable's genesis team proposes that 20% of MTA earned by Savers be available immediately, and that the other 80% be locked for a period of time.
The genesis team also proposes that the 80% of MTA earned be locked for a period of 6 months, at which point Savers can claim and withdraw them.
Arguments in favour of this lockup mechanism include better long term alignment, along with encouraging participation in staking and mStable's governance. There has also been a clear consensus amongst the community to emit fewer MTA. The lockup period would accomplish this temporarily, along with the measures proposed in other polls.
What percentage of MTA for Savers should be unlocked immediately, and how long do you think the lock up period should be?