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Threshold Network · closed proposal

TIP-063: Drop support for legacy staking

0x4f1e…aA74·ended 2y ago·Discussion ↗·LOW RISK
Voters
12
T voted
496.74M
Token price

AI summary

This proposal aims to discontinue support for older, 'legacy' staking methods within the Threshold Network. Staking is a process where users lock up their tokens to support the network's operations and earn rewards. The proposal suggests that these legacy connectors are no longer necessary due to the successful migration to a new, more efficient staking system.

Impact

If this proposal passes, the Threshold Network will streamline its staking infrastructure, potentially improving efficiency and reducing maintenance overhead. Users who are still using the old staking connectors might need to migrate to the new system, though the proposal implies most have already done so. This change primarily benefits the network's operational health.

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Voting results

YES496.74M (100.0%)
NO0 (0.0%)
ABSTAIN0 (0.0%)
496.74M T · 12 votersblock 18564580

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Threshold Network

This proposal intends to drop support for legacy staking connectors.

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