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VRC-6: Autostaking of $VANA #15

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VRC-6: Autostaking of $VANA #15

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rkuhel
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@rkuhel rkuhel commented Jan 8, 2025

VRC 6 proposes introducing auto-staking for $VANA rewards within the Vana Hub to streamline the user experience and encourage long-term engagement. Currently, users must manually claim and restake rewards, which is time-consuming and leads to fragmented staking rows. The proposal allows rewards to be automatically reinvested upon distribution, with an added bonus incentive for users who enable the feature. This enhancement simplifies staking, consolidates user holdings, and fosters consistent participation, while supporting the growth and stability of the $VANA ecosystem.

rkuhel added 2 commits January 7, 2025 17:32
VRC 6 proposes establishing a baseline staking reward of 10,000 $VANA for the top 16 Data Liquidity Pools (DLPs) to incentivize emerging participants and ensure equitable distribution of rewards within the ecosystem. The proposal addresses challenges such as reward concentration by large stakeholders and fake DLP creation by implementing safeguards like verification processes and ranking mechanisms. This initiative aims to foster sustainable growth, promote fairness, and strengthen the ecosystem's integrity.
@rkuhel rkuhel changed the title Draft for vrc-6: baseline rewards for top 16 DLPs vrc-6: baseline rewards for top 16 DLPs Jan 8, 2025
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updated for clarity

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annakaz commented Jan 8, 2025

Hey have you looked at VRC-4, which introduced sublinear rewards that are a more gradual version of this? Is there a reason why you see the minimum as better than VRC-4?

On the minimum requirements, VRC-5 already implements launch readiness standards for DLP

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rkuhel commented Jan 8, 2025

VRC-4: sublinear rewards are a welcome improvement, but a minimum threshold creates a clearer baseline incentive.
VRC-5: agreed. I think this addresses reward concentration v. value extraction

@tnunamak tnunamak added the Proposed During this stage, the VRC undergoes formal review. label Jan 10, 2025
@tnunamak tnunamak changed the title vrc-6: baseline rewards for top 16 DLPs VRC-6: baseline rewards for top 16 DLPs Jan 10, 2025
@rkuhel rkuhel changed the title VRC-6: baseline rewards for top 16 DLPs VRC-6: Autostaking of $VANA Jan 13, 2025
autostaking of $VANA
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Update to VRC 6 to focus on auto-staking

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