id | Title | Status | Author | Description | Discussions to | Created |
---|---|---|---|---|---|---|
TIP-212 | Introduce a Cooldown Period for THALES/WETH LP Staking | Draft | stake_stake | Introduce a Cooldown Period for THALES/WETH LP Staking | https://discord.gg/thales | 2024-05-20 |
Introduce a 20 day cooldown period for unstaking THALES/WETH LP positions.
This TIP proposes a cooldown period, similar to that which is present in THALES staking. We propose a period of 20 days, but durations of 30, 60, and 90 days should also be considered.
Currently, Thales staking utilizes a cooldown period to help promote long-term commitment from Thales stakers. Extending this to THALES/WETH LP staking aims to encourage stickier liquidity.
Determine a new cooldown period of at least 20 days for unstaking THALES/WETH LP positions.
The current THALES/WETH LP staking contract will need to be upgraded to introduce an cooldown period.
After the upgrade, a user will need to initiate and then wait for the cooldown period to end before withdrawing their LP position.
To be discussed with engineers upon approval
Copyright and related rights waived via CC0.