Instant Unstaking? A Bold Idea to Reward Long-Term Holders

Jupiter DAO ASR
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83

Although I think that 50% penalty would be a steep cutoff, there is a real use case for the JUP that would be forfeited from the instant unstaking. For example, the JUP taken from the cutoffs could be passed to the DAO and stored in a hot/cold community wallet used for funding ASR.

In my opinion, the penalty could be 40% as well, and both ends of the string would be pleased accordingly (the said staker and the JUP hot/cold community wallet).

After all, everyone that went into the DAO and staked their JUP agreed first hand that the amount for the unstaking of their JUP would be 30 days, so I would agree to this proposal fully.

2 Likes
84

hello im new here :smiley:

what about longer you hold less penalty you get like you hold for one 1 month the penalty would be like 45% and like 2 months 42 % and so on

just idea :bulb: or something different in that style :sunglasses:

2 Likes
85

That’s an interesting idea

But I think simplicity is key

A) keep everything unchanged
B) small lump sum penalty

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86

1- A good JUP is a Stacked JUP

2- Never sell your JUP.

5 Likes
87

wise words my friend

3 Likes
88

why sell when you have a whole community here and friends ? Stake JUP weekly :sunglasses:

2 Likes