Hi!
I just want to flag these numbers you shared as the ones to consider for the timed lock-in for WRT. Please allow me to share a quick recap here. As discussed this model would closely follow the Liqwid model where the bonus increases with the amount of time deposited, allows withdrawals but resets the bonus if one does withdraw. I still imagine that a hardlock timed deposited would be technically easier to implement but I will leave that for the dev team to consider. The latest suggested model and numbers from TNT:
Lockdown 3 months (X 1,05 increase in WRT + X 3 in ADA
Lockdown 6 months X 1,10 increase in WRT + X 5 in ADA
Lockdown 9 months X 1,15 increase in WRT + X 7 in ADA
Lockdown 12 months X 1,20 increase in WRT + X 10 in ADA
We discussed this outside of the forum and agreed this would be a good time for Wingriders team input. This model is interesting, but can we fit it in with the existing tokenomics and farming emission is a good question.
@techrider I know you were following this discussion a while back and gave some great insight on it in this reply mentioning that from a UX perspective it would be something to implement within the existing boosting vault structure, and that careful consideration needs to be taken to cap the bonus at a sustainable level: Additional WRT Reward for Long-term Stakers/Farmers - #14 by techrider
is there someone able to review these numbers, and see if there is a way to make this work? If not, would there be a counter suggestion? Obviously from both team and community perspective the aim is to have a net positive effect, encouraging longer term deposits.