Check out our Cyber Forum post and join the discussion - Setting CYBER Staking Incentives for the Upcoming Quarter - Q4 2024.
26 Aug 2024, 04:46
✅Check out our Cyber Forum post and join the discussion - Setting CYBER Staking Incentives for the Upcoming Quarter - Q4 2024
🔹Executive Summary
This forum post aims to set the allocation of new staking incentives for the upcoming quarter. The current staking incentives have been allocated through September 14th, prior to the establishment of the DAO. However, as outlined in the Mainnet Staking announcement, it was intended that CyberDAO would set future incentives:
“Moving forward, staking rewards each year will be determined through DAO governance and are subject to change.”
This discussion post initiates the process for setting staking incentives for the quarter from September 14th to December 14th, now that CyberDAO has been established through the ratification of its Working Constitution.
For the quarter beginning September 14th, allocating 250k CYBER for staking incentives is proposed. This would offer substantial incentives for CYBER stakers while ensuring the program’s future sustainability.
🔹Key stakeholders include:
- CYBER stakers, the participants who make up CyberDAO
- Existing members of the Cyber community
- Future members of the Cyber community
- The goal of this discussion is to gauge the community’s perspective on setting CYBER staking incentives for Q4 2024 at 250k CYBER.
Let us know what's your feedback on this! 🙂