The following proposal aims to test waters among DAO members whether liquid staking service in chains with low TVL should be sunset.

Motivation

Stader launched their liquid staking in these chains approximately in Q2 2022, when the sentiment around them was overall positive and promising, as they were thriving in terms of development and DeFi adoption.

However, this has considerably changed during last year, influenced by different causes in each case, and generally greatly impacting not only on their token price or their DeFi TVL, but also on their ecosystem development in terms of dApps and DeFi protocols that have survived the bear market or that are currently being built.

Also Stader has recently launched in Ethereum. The complexity of the architecture and the high dev maintenance needed for it (constant client updates, smart contracts upgrades to polish and introduce new features, DVT pool coming soon, etc), will require much more dev effort than the rest of the chains combined.

All this factors combined, makes the sunset of these chains the most conservative approach, as the risk and effort is not worth the potential rewards even in the most optimistic future scenarios, given current situation of those chains and the whole DeFi ecosystem, highly balanced towards Ethereum.