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SX.betSX.betby0x025b9FD9F1ed818d688e19c5F43c500bf44cEA470x025b…EA47

Lower Staking Cooldown period from 60 days to 30 days or 21 days

Voting ended over 2 years agoSucceeded

This proposal is to lower the staking period to either 21 days or 30 days, a 65% or 50% reduction from the current 60-day period. This brings SX in line with other major Proof-of-Stake protocols and removes a key concern of many new entrants into the SX staking ecosystem.

This change will enable significantly more flexibility in managing staked SX positions. With a shorter staking period, SX stakers can respond more quickly to market changes and capitalize on emerging opportunities, thereby lowering the risk of staking SX.

See discord for discussion

Off-Chain Vote

Change to 21 days
1.28M WSX4.3%
Change to 30 days
27.98M WSX94.2%
Keep at 60 days
430.93K WSX1.5%
Download mobile app to vote

Discussion

SX.betLower Staking Cooldown period from 60 days to 30 days or 21 days

Timeline

Jul 24, 2023Proposal created
Jul 24, 2023Proposal vote started
Jul 29, 2023Proposal vote ended
Oct 26, 2023Proposal updated