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)
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
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.
You can follow @DenizOmer.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.