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BTC $60,799.33 -1.97%
ETH $1,558.83 -5.68%
BNB $572.90 -2.87%
XRP $1.08 -2.88%
SOL $62.51 -4.87%
TRX $0.3195 -1.74%
DOGE $0.0812 -2.73%
ADA $0.1559 -3.43%
BCH $216.30 -1.94%
LINK $7.32 -2.49%
HYPE $59.19 -4.04%
AAVE $61.53 -5.62%
SUI $0.7005 -0.95%
XLM $0.1996 +5.95%
ZEC $361.78 +18.10%

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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