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BTC $62,590.68 -0.33%
ETH $1,781.85 +0.24%
BNB $569.04 +0.11%
XRP $1.06 -0.70%
SOL $75.16 -1.67%
TRX $0.3247 -1.52%
DOGE $0.0722 +0.03%
ADA $0.1587 -0.76%
BCH $235.50 -0.55%
LINK $7.94 +0.10%
HYPE $63.73 -2.12%
AAVE $95.59 +1.41%
SUI $0.7325 +0.10%
XLM $0.1789 -2.28%
ZEC $506.11 -1.92%

Jupiter DAO initiated a discussion on the proposal to "introduce an emergency unstaking mechanism for JUP."

2024-11-29 19:17:29
Collection

ChainCatcher message, a proposal discussion initiated in Jupiter DAO titled "Introducing an Emergency Unstaking Mechanism for JUP". The proposal states, "The fixed 30-day unlocking period for JUP staking is a strong mechanism for locking supply and encouraging long-term commitment, but it can pose significant challenges in black swan events or unforeseen emergencies. Introducing an emergency unlocking option allows users to shorten the 30-day unlocking period by paying a penalty or fee, which can be added to the treasury or redistributed as staking rewards."

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