I fully agree, most are down 90%+ and have stuck around, there should be an incentive for them.
Based on tokenomics and situation across; a good place to be would be somewhere between 10 - 15% APR. and the duration should be 4-5 months with condition that if there is expected gap then a new program be launched may be with a reduced APR% assuming the core protocol is on it’s way.
Suggest Community members to discuss and come up with the terms it can be closed and put a proposal on this well…
Ok, let’s go with 15%, if there is am issue that delays then it’s bumped up to 20% for the remainder.
But I should raise my hand and say many will be very unhappy
Yes, this topic probably needs to be vetted out in more detail for sure
why don’t we think about public buyers who believed in the project and paid a high price for it, for example, using Priz zkp for an increased rate for such people would be fair and would add to the trust of these people?and it would partially cover their failures
So the Advanced Staking program will have 2 PRPs.
These 2 parameters need to be defined by the community.
The first one is the total reward pool for the program and the second one is the reward per stake.
This reward per stake is a flat PRP. See it as a reward for each stake made irregardless of the amount of ZKP staked. This flat PRP is a reward in $ZKP for the first let’s say 2000 stakers.
The total reward pool = the APR rate. This APR rate got discussed on the topic above.
Can we have some suggestions? How much zkp is available for this and what is the prp conversion rate?
I quite like the idea of rewarding early participants.
What sort of duration are we looking for, for advanced staking? Is there enough runway for it to remain active so that we can transition to V1?
Saif said 4 months + 1 month to accommodate for any unforeseen events.
This is for the community to decide. A suggestion from our side would be something like 1500/2000 PRP for the first 2000 stakers.
2000 stakers is a lot imo.
But we can do that, still want to know what the prp to zkp conversion rate would be?
How about 2000 PRP for first 2000 stakers = PRP 4 million. Is good and easy to remind.
I believe it to be a fair value for the first believers in the project.
A single individual could make multiple stakes so in practice I expect them to be filled anyway.
Let me follow up about the conversion rate between PRPs <> ZKPs.
Same as on the testing I made 100 stakes of 1000zkp to test…
what is the price, let’s say 100 PRP = zkp?
To prevent the same wallet from draining part of the prizes, could you restrict it to 2000 different players, for example: limit to 1 wallet per user? (I don’t know if this would be possible, I don’t have the technical domain, I’m just an investor in the project)
I believe it was 1:10 on the testing for prp but I stand to be corrected.
Multiple stakes would be allowed usually, cost of gas ofcoirse would prevent abuse on ETH network, Matic not so much.
truth! Anyway, I’m glad the community is discussing how it will be done. Now go…
First 2000 seems fair. Or perhaps there should be consideration of an enhanced rate for PreZKP holders