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Grail.eth
@graildoteth
pixel rich, dolla poor.
参加 March 2022
1.2K フォロー中    76.8K ファン
Looks like those ICO participants who locked their @megaeth allocations for 12 months also get to join the "Stake for MEGA KPI rewards" fun over at the new staking dashboard: I assume this applies to all the public MEGA rounds (Sonar, Echo, Fluffles). Waiting on more details, but it appears your locked/vested $MEGA will by default be staked into the pools along with the rest of the stakers (i.e., those who stake their liquid MEGA). BUT WON'T THE LOCKED TOKENS EAT ALL THE REWARDS AND ADD TO SELL PRESSURE No. They will dilute the rewards, yes. But this won't add to the early circulating supply over the first year (and longer, depending on the kind of vesting). All earned rewards from KPIs will follow the same vesting schedule as the underlying tokens. So, if your ICO tokens are locked for the next 12 months, all the $MEGA rewards earned from unlocked KPIs will accrue and be released in 12 months at the same time as your locked tokens. So you get your tokens + a big chunk of KPI-earned rewards added to the pot. Cool. None of the ICO participants gets left behind. Conviction got you a bigger chunk of tokens, and you can also share in the rewards. I think this inclusion helps bind everyone closer to the ecosystem: now, there is a good reason for those with long locks to participate more closely in what's going on. This is a fair way to do it, as locked tokens don't receive liquid rewards until their vesting, so there isn't a supply dump. It also prevents unfair vesting where large chunks of investor/team supply get the bulk of the reward pool to sell. We've seen that trick play out with some of the other ecosystems (@LooksRare had this trick, @celestia as well), where 'investors' and 'team' are all locked at TGE, but they are able to stake their huge cheap supply of tokens into the reward pools and get liquid tokens, which they can sell into a tiny circulating supply. No such tricks here! With a huge chunk of the ecosystem incentives locked behind KPIs, staking here is far more interesting than the usual "stake and get X%" offers. Combined with the utility flywheels to build demand for $MEGA, it earns by staking for the KPI unlocks could pay out handsomely IF the ecosystem successfully expands.
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