KINT Staking Rewards can be Activated

5 Comments
  • Content
  • AI Summary
Reply
Up 6
Share
Comments

will early staker get more rewards than later stakers? current apr is 0 so that would be a good incentive

Reply
Up 2

Staking rewards are computed based on your share of the total stake. So, by design, earlier stakers receive more rewards (since the same amount of rewards is split among less people).

The APR currently shows 0 because rewards are not yet active - this requires a governance vote, which is what I am suggesting in this post :)

Reply
Up 1

My 2c - I think a KINT to vKINT ratio of 1:1 assuming a lock of 96 weeks is to long. Kusama is intended to be fast moving and agile. I think a 96 week lock to achieve a 1:1 ratio is not in the spirt of Kusama. 3 months max for a 1:1 ratio. Interlay should have a longer lock. Let's get this party started!

Reply
Up 1

Part 2 - I also think we should be able to stake our full position not just the unlocked portion. Tokens represent ownership - free or locked - and if vKINT is to encourage owners to vote for / be involved in Kintsugi than our entire position should be stakeable.

Reply
Up

Good comments!

My 2c - I think a KINT to vKINT ratio of 1:1 assuming a lock of 96 weeks is to long. Kusama is intended to be fast moving and agile. I think a 96 week lock to achieve a 1:1 ratio is not in the spirt of Kusama. 3 months max for a 1:1 ratio. Interlay should have a longer lock. Let's get this party started!

I tend to agree that Kusama is more fast-paced, but it makes sense to differentiate between people willing to lock3 months vs 96 weeks. But maybe that is more a psychologic point and you mean that people staking 1 KINT for e.g. 2 months should then receive 2 vKINT?

Part 2 - I also think we should be able to stake our full position not just the unlocked portion. Tokens represent ownership - free or locked - and if vKINT is to encourage owners to vote for / be involved in Kintsugi than our entire position should be stakeable.

That is possible now!

Reply
Up