Staking Model Proposal

Staking Proposal Amended from Snapshot - Updated March 2nd

Summary

The community voted in to have a staking model introduced that would see rewards returned to $PDT stakers.

AMAs and community discussions have taken place since to help expand on the ideas presented here by @Sath | Yunt Capital

Motivation

We need, not only a staking model, but also a way to reward long term holders of $PDT moving forward. In consideration of this an Epoch model for staking would reward holders that stake their PDT ongoing.

Long term holders are at the core of what Paragons is about as a community, not only for economic return but for active participation in the DAO moving forward.

Small allocation to be given for retrospective rewards to long term holders.

Proposal

The weighting method would match that of the model outlined by Sath. (see Paragons Discord for further)

*849,189 PRIME to be received

Proposal is to reward stakers with 30% of all tokens received from assets, in this instance PRIME rewards, with the treasury retaining a share of 70%.

*254,700 PRIME (91,400 Claim and 190,900 Paraset Staking)

*247,000 PRIME tokens to be returned to stakers over a 12 month period

Snapshot to be taken at the end of the vote for creating a staking model Feb 11th for retrospective holders.

10% of PRIME Claim returns from the amount allocated to stakers to be reallocated to this group of long term supporters. The remaining will go to an implemented staking model with a forward-looking weighting.

*7680 PRIME tokens to retrospective holders

https://docs.google.com/spreadsheets/d/16iVmKZOUaktQdIP68lhovxvisofRh7tfTb_cktjqRM4/edit#gid=0

*Numbers are based on "BEAR" conservative figures using the Echelon whitepaper tokenomics. There has been no weighting to rarity or potential changes to tokenomic design. Final numbers are subject to change