Incubator

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#23 opened on Sep 28, 2020 6 comments 1 reaction 1 assignee View on GitHub

@Akira-Taniguchi is already working on this.

Since Dec 11, 2020.

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Description

layers priority - high

Dev Protocol: Incubator

Incubator definition:

An enclosed apparatus providing a controlled environment for the care and protection of premature or unusually small babies.

Dev Protocol should onboard projects ourselves that are valuable from a technical and marketing aspect. Dev Protocol will then stake DEV tokens which will be an exclusive feature for the team. Emails will be sent to the incubated team on progress of incubation to encourage them to authenticate. When the team authenticates they can then withdraw rewards. Dev Protocol will burn team rewards to offset DEV generated in incubation state. This will increase the value proposition for teams to join and authenticate.

Incubation follows the current market APY
Incubation doesn't increase minting per block
Incubation staking, by DEV team, doesn't affect APY
Creator reward must equal staking reward
4.1 If creator rewards equal staking rewards, and creator rewards are burned, then APY should remain intact.

General Technical Implementation

Whitelisted pool only for team's wallet address
"Oracle" that fetches current market APY to calculate rewards
Burn stakers rewards upon withdrawal
Incubator follows traditional specs upon authentication

Dominant language: No language data
Stars: 11
Forks: 7
PR merge metrics: No merged PRs in 30d

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Incubator

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Description

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