Hey VapeArmy,
We have been reading all your feedback on the newly proposed rewards tiers and you made us reconsider some points. We appreciate you taking the time to criticise and push us to build a better protocol.
Here is our vision of Tiers System that can reward small nodes in a sustainable way, compound bonus:
1000-4999 VPND - 25% bonus 5000-9999 VPND - 15% bonus 10,000-19999 VPND - 10% bonus 20K+ - no bonus
Instead of raising the rewards rate, we are adding a new bonus, similar to our current DH bonus, but this time when you COMPOUND.
What does this mean?
It means, if you keep compounding and you have a small node, you will get up to 1.65% daily ROI (DH Bonus. + Compound Bonus). But if you decide to claim you won't get this additional bonus, it only applies at compound.
Let's put and example:
I create a node for the new minimum 1,000 VPND. My daily ROI is 10 VPND. If I compound after 1 day, I'll add to my node:
(10 VPND - 1% compound fee) + 1.25% "Small Node" Bonus = 11.25 VPND instead of 9 VPND
But if I claim, I'll get 10 VPND - 10% claim tax = 9 VPND.
In this way we make sure, we give the advantage of small nodes to become bigger, encouraging compounding.
What happens with already created nodes below 1,000 VPND? Existing nodes with less than 1000 VPND will receive a 1.25% bonus.
Please vote and shape the future of VaporNodes.
Do you like this Tiers V2 proposal?
Off-Chain Vote
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- Author
0x126d…599B
- IPFS#QmNUziar
- Voting Systemsingle-choice
- Start DateJan 30, 2022
- End DateJan 31, 2022
- Total Votes Cast34.17M
- Total Voters181
Timeline
- Jan 30, 2022Proposal created
- Jan 30, 2022Proposal vote started
- Jan 31, 2022Proposal vote ended
- Oct 26, 2023Proposal updated