10 days in, here are some themes from $KNC migration proposal discussion:
1) Some people really dislike inflation (imo, if minting 1 KNC leads to >1 KNC value creation, then inflation good, ie. Aave)
2) Strong safeguards required so minting is not abused (timelock,maxmint,etc)
1) Some people really dislike inflation (imo, if minting 1 KNC leads to >1 KNC value creation, then inflation good, ie. Aave)
2) Strong safeguards required so minting is not abused (timelock,maxmint,etc)
3) There is no single right approach, only different trade-offs. Important these skew towards more decentralization in long term
4) Overall, strong support from stakeholders on upgrade and migration while diverse opinions on the more granular details
4) Overall, strong support from stakeholders on upgrade and migration while diverse opinions on the more granular details
Main thread here:
https://gov.kyber.org/t/knc-token-migration-upgrade-discussion/64
Great thread with concrete safeguard proposals from @HyperchainC here:
https://gov.kyber.org/t/knc-migration-recommendations-and-safeguards-hyperchain/125
Thank you everyone for your input and if you haven't already done so, discussions are still on-going so please share your opinion.
https://gov.kyber.org/t/knc-token-migration-upgrade-discussion/64
Great thread with concrete safeguard proposals from @HyperchainC here:
https://gov.kyber.org/t/knc-migration-recommendations-and-safeguards-hyperchain/125
Thank you everyone for your input and if you haven't already done so, discussions are still on-going so please share your opinion.