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BTC $75,882.67 -2.14%
ETH $2,360.52 -3.29%
BNB $633.23 -1.54%
XRP $1.43 -3.41%
SOL $86.65 -3.24%
TRX $0.3298 +1.25%
DOGE $0.0955 -5.41%
ADA $0.2484 -6.21%
BCH $445.33 -2.87%
LINK $9.36 -4.21%
HYPE $44.23 -1.17%
AAVE $111.80 -5.19%
SUI $0.9600 -6.59%
XLM $0.1690 -4.43%
ZEC $324.89 -4.51%

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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