Hi cats, my proposal is to reduce the staking period from 30 days to 14 days. I totally respect the original approach and I am aware of the positions. My argument would be the following: Less staking time brings more $jup on the table being staked and more people with less possibilities to lock funds for longer time due to real life necessaries. I think we would attract more people, more funds and the loyal stakers hold steong anyway for mid and long term. Thanks for your thoughts about that issue.
I think if we reduce staking period to 14 days
Those who opt in need to have some sort of restriction or give up a certain %
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Did you mean if people want to unstake they need to pay certain penalty on their fund ? I think it should be a choice!
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what about if staking unlock period stays at 30 days but a uniform amount of JUP gets unlocked daily instead of waiting the 30 day period to unlock it all?
For example, if you’re unstaking 3000 JUP and it takes 30 days to unlock, 100 JUP will get unlocked daily.
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Yeah can’t give out 14 day staking with no detriment
You need to think differently: You attract more people and if you stake shorter you loose asr‘s. ofc maybe less asr‘s or a degreasing curve. But it outdated to stake 30 days in crypto. Its a big minus for so many people. We shouldnt have fear to change this forcing part to a healthy duration. Or we offer 1/2/3/4 weeks. Huma offers 14days. thats enought. We want to be cutting edge technology wise but this is stoneage tbh. Only that clear in here ofc. love jup
Also a very valuable proposal my friend. Hope team reflects on that
I also think this would be highly valueable. Sometimes you need cash or you want to react on markets and you are fine ti pay a penalty. Maybe penalty is burnt or in litterbox to support price, which is down bad since months by now tbh in here. Losing time like that is losing reputation
Jup lending will increase the motivation to stake longer for sure, but we need to evolve and use the time more efficient regarding $jup
This option is perfectly good to penalty impose on users who willingly staked. Uniform unstake like 5 to 10% of $Jup stake delivery everyday.
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It’s a Decentralised world, people should have access to 100% of their holding without detriment, they don’t stake on conditions. 15days is not bad in a well conducive community like jupiverse.
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sounds like a good idea, bring more people into the JUP universe
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whats the point of staking in the first place then?
you have a choice, stay liquid, or you stake and earn like 40% more jup each year
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Did you know if I have staked $Jup last year at price of it by this time last year I would had been in huge loses despite 40% Roi profit. It’s a risk to commit fund if I don’t believe in Jupiter ethos. Stake should be choice and unstake should also be choice long-term detriment or penalty need to be look into though 30days is not too long but as requested by other community members. 15days is preferable.
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Well if you staked for year 1 you would have doubled you’re amount of $JUP and got a jupuary airdrop
Meow has said JUP is long term, so we can’t blame short term price
ROI is sitting at roughly 40% more $JUP this year. We heading into bear market, so we need to be prepared for price tanks ( I’m prepared, I’m loading up on $JUP if it hits $0.20 which I think is inevitable given bear market and alt’s).
JUP hitting $0.2 has nothing to do with team performance or how well of a job Jupiter is doing. It’s simple gonna follow Solana.
Bears are where you make money. More than bulls
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I know jup is a long time game play where you can’t blame anyone for price action, my emphasis is on penalty or detriment you’re proposing on unstake process. Make it a choice of 30days or 15days without any penalty.
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The hybrid system, with both 14- and 30-day options, represents progress.
But it’s not enough to attract truly innovation-minded investors.
Provide blockchain developers, game developers, backend engineers, designers, and all the necessary technical expertise.
I’ll take care of attracting millions of investors.
a part of me dislikes seeing some kind of penalty for choosing an option to unstake earlier.
english isn’t everyone’s first language so i can see mistakes being made then not being able to undo them if they accidentally chose an unstake option that incurs a penalty
i would still like to see something less than 30 days, or a linear/uniform daily unlock of staked jup over the 30 days to make things more liquid.
Who would choose 30 day over 15 if there was no penalty?
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So, let people have 15days without penalty as proposed by large numbers of community or leave it at 30days forever without any change in the future about the decision.
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