the first option, in which the current rate remains at the same level, is the most acceptable, and I like the option of distributing unrealized tokens between bet holders
Great discussion Guysā¦this is my opinionā¦although time is of the essenceā¦I do see how (as Joris suggests) we lowering APY for now and then increasing it up again on V1 launch would incentivise new entrants to the protocolā¦.but I also see reason in Praetorians argument that we need to find a middle ground to keep existing stackers staked as a mass unstaking, although good for temp market liquidity maybe, looks really bad for the protocolā¦so my suggestion is that we decide on the APY of the PRPs immediately ā¦and increase it to a significant amount that would make up for the drop in the main APRā¦this way itās a win win! What do you guys think?
4 Likes
If we maintain the current APR but increase the rewards pool.
In combination with my idea of distributing the remaining rewards to user who did not claim early for V1. This will encourage current users to stay staked, also for new stakers to join us and for user to not claim early till V1.
The only sacrifice here is increasing the rewards pool in order to lock up the most supply till V1. I think the pros out weigh the cons here.
Only half of the current rewards have been used thus far, for 120 days of lock ups.
So in theory the remaining rewards should last another 120 days, so adding another 3 mill zkp should give us more room for an extra 120 days and ample room for new stakers to join. We shouldnt need the full 120 days extra the new 3mill rewards will add, as V1 should launch between July - Sept Q3. So any rewards left can go towards zZKP holders who didnt claim early.
tl;dr
Keep 15% APR, Add 3 mill to rewards to last till V1, remaining rewards go towards users who didnt claim early.
6 Likes
a great balanced idea, I think Protherianās approach is the most logical and flexible one I support.
āKeep 15% APR, Add 3 mill to rewards to last till V1, remaining rewards go towards users who didnāt claim early.ā
Fully aligned with all three parts.
3 Likes
Makes sense. Wen proposal? We have less than 3 weeks.
2 Likes
yes let proposal go snapshot before advance stackin ends
Letās guys do it before April 7th
Can we PLEASE include a notice, informing user that unstakable ZKP will no longer accrue rewards.
Just so user understand that they will need to restake to continue earning
3 Likes
Thanks for your input guys. We are drafting up a proposal including the parameters of Advanced Staking based on the above (APR (15%)), and the length of Advanced Staking, suggested to be similar to the previous program.
Furthermore this improvement proposal, PIP-13, comes with front-end updates as well.
3 Likes
What is the length of the advanced staking this time, Joris? With V1 being 2-3 quarters away, I think the optimum length of AS should be up until the end of 2023, just in anticipation of V1 delays.
Foresight > Hindsight.
Then, in the event of an early V1 deployment, remaining AS allocated rewards, to be distributed proportionally amongst the remaining active stakes.
4 Likes
119th days since āfirst day stakes are acceptedā, or earlier if the āAmount of $ZKP allocated for rewards to all stakersāā has been already depleted, or earlier if Pantherās v1 is launched beforehand.
An important parameter for defining the length of Advanced Staking is the $ZKP reward pool. Right now, the same program as before can be launched based on the 15% APR rate in order to distribute the remaining $ZKP to the Advanced Staking users as approximately half of the reward pool has already been distributed since the launch of Panther V0.5.
5 Likes
Agreed, same as before if it runs out it can be addressed when the time comes I would imagine.
Exact amount of rewards allocated in the V0.5 staking was 2 594 371 $ZKP out of the 6m reward pool so there is still 3 405 629 $ZKP rewards left to be exact. Which is more than was consumed on V0.5 so far so imo there is still a fair amount of rewards left currently.
2 Likes
Plenty leftover to re-distribute to the loyal participants 
3 Likes
With V0.5.2 around the corner.
If the 120 days is not sufficent, we can just vote for another round.
Why the 120 days may not be sufficient? - If V1 needs to be delayed for whatever reason found during testnet.
If the rewards supply run low or out, then once again we can just vote for more supply.
Why the rewards supply may run out? - Testnet could draw in more users who want to accumulate (stake) ZKP. As we get closer to V1, I imagine the Hype will also grow.
And as before, if any rewards are left after V0.5.2 ends then we can share them equally amongst the zZKP holder. Though, I would prefer more of the supply to be shared to those who are committed to the project.
I like more ZKP, give me free ZKP
3 Likes
Letās all agree to initiate this 1 month max prior to the next round expiring perhaps to prevent all the fear and fud we have seen in the socials the last 2 weeks 
3 Likes
I agree that this should be done in one month or even 2, so that we donāt have downtime, letās already launch PIP with the advanced stacking extension!!!
3 Likes