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Overtime GovernanceOvertime Governanceby0x11219d61e95fC5930762b16868dDB2C9c6fc83fApadzank.eth

TIP-7: Deployment and inflation lowering of THALES single side staking

Voting ended over 4 years agoSucceeded

https://gov.thales.io/docs/TIP-7

This TIP proposes to deploy THALES single side staking on Wednesday, 13th October 2021, and to lower the initial THALES inflation for stakers by half and reserve the other half for when THALES staking launches on L2.

From the THALES tokenomics article, planned inflation towards single side staking is 100,000 THALES tokens weekly. Plans to deploy the product and, subsequently, the THALES token on Optimism layer 2 network were revealed and entailed this TIP that proposes to lower this inflation number to 50,000 THALES tokens weekly and to reserve the other half of 50,000 THALES tokens weekly for rewards towards upcoming THALES staking on Optimism layer 2.

THALES staking with these parameters is to be deployed on Wednesday, October 13, 2021.

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Timeline

Oct 11, 2021Proposal created
Oct 11, 2021Proposal vote started
Oct 12, 2021Proposal vote ended
Mar 05, 2026Proposal updated