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$STRC Locking and Supply Control

After the airdrop, the activity of $STRCs is expected to decrease. To address this, we propose implementing a locking mechanism. Users can choose to lock their $STRCs for periods such as 3, 9, or 12 months, which would provide them with an extra boost. The score coefficient on the leaderboard can be increased based on the duration of the locking period. This mechanism not only helps control the token supply but also helps maintain the value of $STRC. Additionally, we suggest introducing a feature called 'veSTRs' using STRUCT native tokens, similar to the vePTP system on Platypus Finance. As long as a user's $STRCs remain locked, they will accumulate veSTRs, which are non-transferable and have no sellable value. These veSTRs would increase the extra Annual Percentage Rate (APR) they receive from the pool.However, one potential downside is that if there's an overwhelming demand to lock $STRC, it may become overvalued, resulting in newer users receiving less extra boost compared to older users. To mitigate this, we propose implementing an algorithm that calculates the veSTR gain based on the total $STRC supply and the amount of locked $STRC. If the locked $STRC rate is high, users can earn an average veSTR by locking fewer $STRCs. Conversely, if the locked $STRC rate is low, users would need to lock more $STRCs for an average veSTR.Once the lock period expires, users can freely use their $STRCs as they wish. Overall, this locking mechanism coupled with the veSTR system would incentivize users to lock their $STRCs for longer periods, thereby stabilizing the token value and promoting sustained activity on the platform.

An Anonymous User 2 months ago

1

πŸ’‘ Feature Request

Still reports bad data on debank. Also the discord-link is broken?

Debank Position:After claiming refund wrong data shows up in the position on debank. Discord:Also I cant join discord thru any link? I Might have been accidentially banned?I cant find any way to get in contact to sort it out since u cant dm on twitter and dont see any other way to reach out?

An Anonymous User 2 months ago

2

πŸ› Bug Reports

Can't withdraw money from a closed position

Hello. I have a problem with withdrawing money from a closed position. I had 2 positions open, one ended on November 29th and the other on December 2nd. After the end of this period I should be able to withdraw money immediately, but instead I see the message "Funds are being withdrawn...". Bitcoin rate is going up now and because of the delay I am losing money every day (I have a variable position open). Return the money now, I am incurring additional costs because of you!

An Anonymous User 5 months ago

3

πŸ’‘ Feature Request

not the correct amount received

Hi, I claimend my btc back on a matured vault; With token ID 24. But i only got my investment back but no intrest. In the snowtrace explorer i see that there is "claim excess" instead of withdraw. but i was withdrawing after the vault was matured, you can also see there where 2 addresses before me with out a problem. Can this reward be fixed for me please. transactionhash: https://snowtrace.io/tx/0xdf1a5cf5c39f700a46743d79be6975128119fbe960d600612b3c8d2bdab2cc6b

Kevin V (Smalle cnc) 8 months ago

7

πŸ› Bug Reports