Increase zAsset (zZKP) APR

This topic is intended to discuss the current rate and its increase in the next second round of rates PRP -zAsset 30-40% to attract new investors and a smooth transition to version 1

Until we have a CEX listing that lowers the barrier to entry by enabling withdrawals on Polygon, first, I don’t see much value to be added by increasing APR.

Unless we are discussing PRP APR here? :slight_smile:

yes we can discuss this here too friend

I believe we need a higher Apr/apy than 10% to encourage people to not take out their zzkp after each 60 days expires. I did the math and on my stake it’s not interesting currently.

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I agree, therefore, in order to prevent the collapse and sale of the token, we need to take care of this in advance

I agree that we need a cheap polygonal bridge, but a rate of 10% does not attract and will not attract even with a cheap bridge, there is an exception, it is that there should be a significant increase in the value of the coin, then we can vote again for a reduction in the rate this is called a floating rate

An increase in APR is good way to motivate investors. Let’s think of 30%

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The benefit is large from the increase in the interest rate for staking. at the current price of ZKP, a rate of 15% is of little interest to anyone. this will attract new investors. all this time we see only the fall.

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I definately think we should increase the zAssets reward rate - currently it shows 10% for staked rewards, earned in PRP, it should be higher than the advanced staking reward to make it interesting to remain staked.

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yes we need to run for this PIP voting I think? who is in favor please comment on this.
and do we need to conduct another pip

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I think increasing zAsset rewards rate is the best solution. 100% for this.

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We should get @Joris input on how to proceed or initiate it, would definately be a vote :slight_smile:

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Yeah, I second this idea!

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Great Idea…guys let’s put this to vote before the first batch of unstaking happens for people to plan their stakes better! Like everyone mentioned here…10% is super low…and if the rewards for zAssets that will be staked in the future are going to be based on PRPs…we really need to increase that number higher!

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Great guys, I will ask for additional comments and rename this topic.

ok the correct wording here would be ‘Unrealized Reward APR’ - Currently set at 10%

Agree with this. Should be higher!

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Ok friends just an update - I spoke to Andrew about that unrealized PRP thing and there is no need to do a vote on that now, it would be a waste of time. When V1 launches we need to vote on that and it would calculate backwards… - The value is ‘undefined’ at this point and what we see on the screen there currently is purely cosmetic.

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