tfgrid/circle_engineering
22
0
Fork 0
Code Issues 62 Pull Requests Packages Projects 1 Releases Wiki Activity

Farming staking vault and farming collateral #41

New Issue
Closed
opened 2024-04-30 12:37:13 +00:00 by mik-tf · 2 comments
mik-tf commented 2024-04-30 12:37:13 +00:00
Owner
Copy Link

Proposition

  1. The equivalent of X months (TBD, propositions so far: between 2 and 6 months) of farming per node is kept as collateral in a farmed TFT staking vault.
    2. Any TFT more than X-month worth of farming per node is available to unstake given a 5 days cooldown period
    3. TFT in farmed TFT staking vault with the min X-months of farming collateral are eligible to vote for the DAO
    4. TFT farmed in TFT staking vault have 1.2 DAO voting power per TFT
    5. A farmer can unstake all TFT (with the 2-month collateral) given a cooldown period of 10 days.
    1. Once they removed all collateral
      1. They do not farm any more POC rewards. They can still farm POU rewards.
      2. They cannot vote on the DAO, i.e. TFT is removed from the farming TFT staking vault.
    2. If a farmer unstake TFT in a farmed TFT staking vault, the only way to stake it is to put the TFT in a public TFT vault (see below)
      1. This means that farmed TFT staking vault contains TFT that has been minted and then used for TF DAO process only!

References

Part of the community brainstorm to improve the 3.0 decentralized grid.

https://threefold.info/tfgrid3/tfgrid3/gep_comm_brainstorm.html

# Proposition 1. The equivalent of X months (TBD, propositions so far: between 2 and 6 months) of farming per node is kept as collateral in a farmed TFT staking vault. 2. Any TFT more than X-month worth of farming per node is available to unstake given a 5 days cooldown period 3. TFT in farmed TFT staking vault with the min X-months of farming collateral are eligible to vote for the DAO 4. TFT farmed in TFT staking vault have 1.2 DAO voting power per TFT 5. A farmer can unstake all TFT (with the 2-month collateral) given a cooldown period of 10 days. 1. Once they removed all collateral 1. They do not farm any more POC rewards. They can still farm POU rewards. 2. They cannot vote on the DAO, i.e. TFT is removed from the farming TFT staking vault. 6. If a farmer unstake TFT in a farmed TFT staking vault, the only way to stake it is to put the TFT in a public TFT vault (see below) 1. This means that farmed TFT staking vault contains TFT that has been minted and then used for TF DAO process only! # References Part of the community brainstorm to improve the 3.0 decentralized grid. https://threefold.info/tfgrid3/tfgrid3/gep_comm_brainstorm.html
mik-tf added this to the (deleted) project 2024-04-30 12:37:13 +00:00
despiegk removed this from the (deleted) project 2024-05-22 07:36:51 +00:00
despiegk commented 2024-05-22 07:39:08 +00:00
Owner
Copy Link
  • please note v4.0 will be utilization based, an rewards will be added as extra
  • once we hit 1 billion TFT, farming as we know it will stop
  • question is, in line to above should we put effort in this or faster push 4.x?
- please note v4.0 will be utilization based, an rewards will be added as extra - once we hit 1 billion TFT, farming as we know it will stop - question is, in line to above should we put effort in this or faster push 4.x?
despiegk added this to the later milestone 2024-05-22 07:39:13 +00:00
despiegk added the
Roadmap
 label 2024-05-22 07:51:02 +00:00
mik-tf commented 2024-05-22 13:38:22 +00:00
Author
Owner
Copy Link

Moved. See above.

Moved. See above.
Sign in to join this conversation.
No Branch/Tag Specified
Branches Tags
Labels
Clear labels
  
Issue

   
Question

   
Roadmap

   
Story

   
Task

   
Urgent
No Label
Issue
Question
Roadmap
Story
Task
Urgent
Milestone
Clear milestone
No items
No Milestone
later
Projects
Clear projects
No project
Assignees
Clear assignees
No Assignees
2 Participants
Notifications
Due Date
The due date is invalid or out of range. Please use the format 'yyyy-mm-dd'.

No due date set.

Dependencies

No dependencies set.

Reference: tfgrid/circle_engineering#41
No description provided.
Delete Branch "%!s()"

Deleting a branch is permanent. Although the deleted branch may continue to exist for a short time before it actually gets removed, it CANNOT be undone in most cases. Continue?