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RE: xPOLYCUB Governance | Our First Vote on Yield Dynamics

in LeoFinance • 2 years ago

Great question Neal: you don’t need to vote again but xPOLYCUB does need to be staked for a particular amount of blocks before it is reflected in the snapshot.

This prevents anyone from buying and staking, voting for the snapshot and then immediately unstaking.

In the long-run, there will be a more “curve-like” contract with actual long-term staking lockups to have more voting power

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2 years ago in LeoFinance by
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     2 years ago  

    xPOLYCUB does need to be staked for a particular amount of blocks before it is reflected in the snapshot.

    This cool down feature is quite cool for the safety of the DeFI and prevents a hostile takeover.

    In the long-run, there will be a more “curve-like” contract with actual long-term staking lockups to have more voting power

    Another great feature for sustainability encouragign long-term xPOLYCUB staking.

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