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ETH $2,227.64 -2.86%
BNB $612.22 -1.84%
XRP $1.35 -2.02%
SOL $81.88 -2.18%
TRX $0.3230 -0.13%
DOGE $0.1018 +2.58%
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BCH $443.57 -1.08%
LINK $8.97 -2.92%
HYPE $39.36 -1.23%
AAVE $92.92 -3.82%
SUI $0.8918 -3.51%
XLM $0.1591 -1.81%
ZEC $320.86 -4.03%

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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