Move 80% of xUNIC rewards to locked staking

Voting ended over 4 years agoSucceeded

Currently xUNIC APR is approximately 100%. This has been a great solution to incentivizing users to hold and stake UNIC.

However, we can go a step further now and incentivize the community to lock their xUNIC and receive even more rewards (through a lockup multiplier).

We should benchmark 80% of current xUNIC rewards for this functionality so that higher APRs go to long term holders. Other uToken holders can create their own reward pools where xUNIC holders can stake and receive APR in the form of uTokens.

Should we move 80% of xUNIC rewards to locked staking?

Off-Chain Vote

Yes

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Timeline

Sep 16, 2021Proposal created

Sep 16, 2021Proposal vote started

Sep 17, 2021Proposal vote ended

Oct 26, 2023Proposal updated