The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We’re voting FOR this proposal.
We trust that StarkWare has decided on the outlined minting curved mechanism based on research that informed its design and setup. Furthermore, we believe that authorizing Starknet Foundation to adjust the minting curve’s constant ‘C’ either directly or indirectly through a monetary commission will allow us to be flexible based on the supply that is staked. In the future, once governance has matured, we believe these adjustments could be made by the DAO or a DAO-elected body.
We find the adjustment protocol reasonable as it provides both a justification for any change and sufficient time for relevant stakeholders to notice. However, we’d like to point out that withdrawal security lock-up is 21 days long, which means that even if someone wishes to unstake right after a change in the ‘C’ constant is announced, they won’t have enough time to do so before the change goes into effect. With that in mind, perhaps increasing the notice window to 28-35 days is prudent.
Lastly, we also want to echo the request for a plan to have staked STRK used in governance, not only as self-delegated but also as voting power delegated to someone else.