With all the recent snapshots, I propose something that will hopefully be a bit of everyone's flavour and attempt to please all, while also solving some problems. I tried to use logic in all my ideas no idea if any of it is stupid/ doesn't work like that.
Firstly APY Changes - 🚩
We create a Legacy APY, which everyone currently staked will get for 15-20 days or some days which is sustainable based on the runway. Having this longer may not be possible. In the period which you receive this APY, taking out rebases will not be possible they will be locked in for the duration. however, you can pull out your staked RUG at any time, if you choose to pull out you will forfeit a small % of your rebases say 5-10% these rebases get distributed to the legacy token holders or burned at the end of the duration this can be voted on.
If voted on the news of the Legacy system may be marketed to incentivise people to buy RUG in order to earn the Legacy rate. marketing can include how to use our DEX.
With the creation of Legacy APY, We would also increase the runway 2x of what it is now this should lower the APY, however should still have a very attractive 5 day rate to everyone.
To incentivise holding RUG we create a progressive rebase yield bonus based on the duration of time staked. I propose 3 tiers; which are awarded at 10, 15, and 30 days these would be around 10%, 20%, 35% (could even be higher). The penalty Un-staking should be a setback on the tier of bonus you get, so if you un-stake to sell a single rebase you will go back to 0 very quickly. also we can also explore rebase debuffs for people selling rebases every time so doing so is not sustainable lowering their rebase yield each time.
Time for some bondage? - 🚩
Negative mints do not get the warm-up timer to earn rebases. They also push you up a rebase bonus tier (for the time of the vesting period) only for the minted RUG amount. so say you were at the 15 days you would earn an extra 35% on rebases during the vesting period on the minted RUG on the negative mint if you staked while minting.
Positive mints do not get the awarded rebase bonus. This will lower the value of RUG due to too much getting made diluting people.
A solution to curb hyper minting? I believe right now there is a limit of what you can mint on one wallet, I say we change that to how much the protocol can mint per day. and no more 80% discounts.
RUG/Stable RLP pairs should never be out of stock they can be minted as much as you want, should also never have an egregious bond premium. This forces them to buy RUG if they want to mint RUG at a good premium.
Also since we have a DEX now a possibility could be we start only accepting RLP mints? This means people can earn RUG by providing liquidity and then we get the fees from them into the treasury, we give a premium to popular LP pairs to grow the DEX, once we get enough liquidity these premiums will be reduced. Fees from this gained liquidity can now fund SCAM for life?
I would include some math but that would take me way to long to figure out I believe most of this is possible/logical would love to hear your feedback on discord. Think I covered most option combinations with the votes.
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