Partnership Proposal: oStake

This proposal introduces oStake, a novel staking contract that dynamically optimizes staking rewards based on Key Performance Indicators (KPIs). Overcoming the limitations of traditional staking models and UMA’s KPI options, oStake continuously adjusts rewards according to set KPIs to create a more dynamic, engaging, and efficient system for incentive mechanisms while maintaining the UX simplicity of traditional staking contracts.

The on-chain vote will be to send the requested funding for the milestones to the Risk Labs foundation’s multi-sig, which will custody the total $UMA balance for this proposal and be responsible for confirming payouts at each milestone.

This proposal seeks a confirmation on the proposed roadmap and budgeting by the UMA Community, and delegating Risk Labs the decision making power over the completion of the milestones.

To ensure transparency and community participation, Inverter team will post an update to UMA community forum for every confirmed milestone.

Transfer 50,000 UMA to the Risk Labs Multi-sig: 0x8180D59b7175d4064bDFA8138A58e9baBFFdA44a