Once the parameter above’s specified. Hopefully tomorrow but this depends on when the ZKP holders concur on the total amount of $ZKP tokens being designated for rewards for stakers.
So we are really close. After that one of the Snapshot Authors can pick it up, and we can put the recently deployed Community members into action on Snapshot as well
Thanks Joris, one thing I couldn’t wrap my head around is regarding PRPs distribution. If voted to be capped at 2000, is that per stake position or per wallet? Hope my question makes sense
So previously we had a pool of ZKP and a APY that was changing based on the amount staked ( Classic Staking ) on POLYGON:
and ETH:
And from ETH an example of the calculation message:
From Polygon the calculation message:
So curious it it would be a fixed APR regardless or tokens staked this time?
Also - is there any mechanism in place to prevent a single wallet from staking 1ZKP - 2000 times to eat up all the PRP rewards?
I think it is necessary to introduce a time interval after a successful bet from one wallet , for example , at 12 o 'clock so that there is no speculation about this , this applies to the first 2000 people , or change the incentive scheme )
English what he said:
‘I think it is necessary to introduce a time interval after a successful bet from one wallet, for example, at 12 o’clock, so that there is no speculation about this, this applies to the first 2000 people, or change the incentive scheme)’
I agree there must be something, also keeping in mind 2000PRP = 200ZKP…