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Olympus DAO

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closedEnded 4 years ago ยท Snapshot (Offchain)

Timed rewards for staking

By 0x6773...3e2e6c

1 - Slightly reduce current real-time epoch rewards and redirect to a programmed contract/vault to be released to the staker after a certain amount of staking time (ex: 30, 90, 365 days/epochs). To prevent large dumps at the end of each term, have a daily/epoch limit on number of stakers admitted to the contract (10, 20, etc.) or amount of OHM per day and a reservation system. I think this would encourage more staking/retention. Early Unstaking would forego these rewards and redistribute to those still standing or returned to the DAO.

2 - Another option would be having a time-locked rewards pool of NFTs, donated by the community, an artist trying to make a name and/or purchased by the DAO. I think with the current NFT craze this would bring Olympus to the attention of a large amount of potential members.

3 - A mix of 1 and 2.

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Connect Wallet to Add Note
0
Votes 189
VoterCast PowerVote & Rationale
0x5C7c...59E31C
3,350

Do not consider

0xC71d...3c85b8
3,080

Do not consider

0x7E7a...08Febc
2,988

Do not consider

0xED5A...7189Eb
1,677

Do not consider

0xe778...16DFB5
981

Do not consider

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VOTE POWER
0
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Proposal Status
  • Tue October 05 2021, 07:00 pmVoting Period Starts
  • Tue October 26 2021, 07:00 pmEnd Voting Period
Current Results

1-Do not consider

21,588.937

85.84%

2-3-Mix of 1 and 2

1,945.096

7.73%

3-1-OHM rewards time-lock

1,461.19

5.81%
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