Thank you for joining for Tender Finance's very first snapshot vote for token holders!
One idea that has been suggested has been to decrease the EsTND vesting duration from 1 year to 6 months.
Possible possitive effects of this change include :
Purchasing TND would be a more attractive proposition for prospective buyers due to faster realized gains.
Current and new TND stakers could benefit more from high early esTND APRs due to less esTND being staked.
Increased TND supply could increase trading volume, which might help bring attention to the token and protocol
Other relevant facts for consideration are:
This will increase the rate of inflation of TND supply from regular vesting by a speed of 2x
This change could create more incentive to supply as it will reduce the time necessary to realize the full boosted emissions apy.
ETH rewards from protocol fees have been updated and are up 97.1% from last week. If current TVL momentum continues revenue per will increase faster than inflation with this change.
Because this will have a moderate impact on total supply over time we felt it would be best to get input from the holders chat before proceeding with any changes.