Product Ideas

Hey guys can we have a redenomination of stake from 6 million supply to like 6 billion supply ? Basically all stake holders can get 1:1000 new stake coins Included in the rebranding. This can improve the liquidity as we move forward and get on new exchanges. Also we can be directly compared to matic which has a similar supply . BTCA Did a similar kind of thing recently. Also people and investors will like to buy 1000 tokens rather than 1 stake coin if price goes high to like $500 or 1000$. Also as beacon chain is scheduled in the future it would make more sense to redenominate and increase the supply for better liquidity.

Dear devs, It would be very nice if you integrate "order move" for active stake so you can shift between pools without being inactive for one week. Because of order withdrawal and waiting next epoch withdraw which is already late to be included in the very next one. That would enable people with 200 active stake to maintain active votes instead of setting and forgetting. Example: -200 active stake at pool XY -order move to pool XZ -approve -wait for the next epoch and become immediately active again Thanks!

The value proposition of the STAKE token can be improved by giving additional incentive. Currently, the incentive to buy and hold is to receive more tokens, but because these are the same tokens, the idea is that you "get more to sell more," which is fine but kind of a surface level application of staking, and perhaps not appealing enough for the masses. Because STAKE is unique in that it is a network token but not the base pair/gas token, the additional utility should also be unique (strengthened) to compensate. What would be nice is if there were also rewards in the form of other tokens. POAP did this with the NFT drop for delegators, but why not encourage incoming projects to airdrop tokens to holders and delegators/validators (with the latter two perhaps getting a larger share)? Take an honest look at what TrustSwap does for a brilliant example of this. Projects that use their service airdrop tokens to Swap holders. As such, most holders wouldn't dream of selling unless we entered a bear market or the price went up another 100x. I could see two scenarios here (but why not both?): Encourage incoming projects to reward STAKE holders/delegators/validators with tokens Just encourage IDOs to do this As for how xDai can convince projects to do this, I am not privy to such knowledge but I would imagine that the idea is we are building an image of STAKE holders as xDai network enthusiasts who are already onboarded and active in the ecosystem, and growing that group will simultaneously grow the market for projects that launch on chain. Additionally and perhaps more importantly, it would drive new users to xDai to claim rewards, which would bring liquidity and attention to projects, especially the early movers as they would have less competition until the network/ecosystem matures. Justa

Hello! I just completed the migration procedure, moving from easystaking to xdai chain and becoming a delegator. It was relatively easy to do so, but very costly (about 500$). I had staked 7 amounts on easystaking, so had to do 14 operations to unstake. Can you find a way to regroup the 7 staked amounts into 1, just calculate a ponderated APY when ppl stake and add to the same bucket, why 7 buckets? Change the way the APY is calculated to be able to create a unique APY or just offer the possibility to withdraw everything in one shot instead of only being able to withdraw the amounts one by one. The other thing I found unpleasant was that I needed that minute amount of xDai to complete the process, why not build it in and purchase xDai with STAKE during the staking process, such that the process is more simple and smooth. I ended up using the faucet (it is not mentioned in the tutorial videos as they are quite old) Good job everybody and keep up the great work. A

It would be quite helpful to display the estimated conclusion of an epoch in days/hours/minutes under the block countdown, with a disclaimer that it's an estimate. Another useful set of metrics to display would pertain to user-level APY: what your APY was for the last epoch/what your APY is since you began. Additionally, I think the staking page itself is still a bit too overwhelming to appeal to a wider and perhaps less technical base. Therefore, I propose adding a link to a simple FAQ/How To about the validator/delegator UI. Written in layman's terms and/or with step by step walkthroughs and answers to common questions such as: "how long is an epoch/block?," "what is the rough estimate APY that I can expect?" "how long does it take to earn rewards if I just started?" "how do I send my tokens to ethereum?" The bottom line with all of this is lowering the perceived barrier to entry. Adding xDai to Metamask and crossing the bridge is the "hard" part. The rest should be as intuitive as possible imo! -JR

I think there really needs to be a way to claim your accrued emission in order to restake it if needed without having to withdraw everything and in the process, loosing the emission rate that has taking over a month to build towards. If you look at ChainX as an example, you stake your $pcx token. At anytime, you can claim your accrued tokens. You can then restake those tokens if you wish. I think this would be a great functionality to add to add and would be great for $stake holders.

I was wondering if including Moooniswap in the rewards program would be a good idea. With 1Inch Exchange already providing an incentive, adding the same reward that UniSwap would be getting would further motivate investing in the liquidity of the token. I believe that with a little more incentive, we could capture more non staked STAKE. Here is a link for more INFO. https://medium.com/@1inch.exchange/1inch-token-and-liquidity-mining-announcement-5a75bad40ded

Reward Mooniswap pools STAKE during reward distribution same amount as Uniswap V2 liquidity pools.