- Stakers who have shown long-term commitment to the platform deserves to be rewarded
- The number of points paid out for voting will be based on the length of time the stake was held for
- Consolidates AIP 19
In the current staking implementation, there are no incentives for stakers to maintain their staking position. Implementing a time-weighted points system will incentivize stakers to remain staked in the platform.
Points will be generated for voting based on the
timestamp of the stake. For example, a tier based system which rises quickly and slowly tapers off above 100% could be used to reward stakers who have staked longer without over penalizing new stakers.
|time staked||% points generated|
|0 - 2 weeks||25|
|2 - 4 weeks||75|
|1 - 3 months||100|
|3 - 6 months||105|
|6 - 12 months||110|
|12 - 18 months||120|
|> 18 months||130|
Thanks to Roll-Royce88 for bringing this topic up again and suggesting the points pay out table, greg for suggesting to preset the stake time to gain rewards.
Copyright and related rights waived via CC0.