I do propose Vote Locking for NSBT voting and staking similar to Curve finance. Currently nsbt owners need to unstake nsbt to vote. We can generate new token let’s call it NSBTlock and swap NSBT to NSBTlock based on locking time.
Locking time interval should be discussed with community.
I do suggest a small range for time interval.
12 months - 9 months - 6 months - 3 months
- 1 NSBT for 3 months locking swap will be equal to 0.25 NSBTlock token
- 1 NSBT for 6 months locking swap will be equal to 0.50 NSBTlock token
- 1 NSBT for 9 months locking swap will be equal to 0.75 NSBTlock token
- 1 NSBT for 12 months locking swap will be equal to 1 NSBTlock token
NSBTlock token not available to trade. Only NSBT main token will be used on exchanges. Nsbt tokens can’t be staked. The entire distribution will be distributed to the NSBTlock token.
Redeem can be made via block expiry time equal to 1 NSBTlock = 1 NSBT
Additional proposal: After moon factor activation we see that generating nsbt from contract is decreasing. In order to support the Neutrino system, I recommend to convert some of the budget from the commissions to waves and adding it to the neutrino usd reserve. In this way, neutrino br value will be supported, neutrino usd stake income will be increased and we will continue to make neutrino synthetics production attractive.