topic, I’ve created a Reddit thread on the migration of REX rewards to a Liquidity Incentive program.
Can everyone take a second to add your thoughts?
https://www.reddit.com/r/TELOS/comments/u3uout/should_telos_migrate_rex_to_a_liquidity_incentive/?utm_source=share&utm_medium=mweb
Awesome I'll give it a read
Not too much to read - just trying to capture some initial thoughts before a proposal is made
I was thinking we could use WPS for a couple different options and people could vote that way
I wrote out a response. I recommend anyone here who has an opinion please contribute to the thread. We’ve been needing to hash out this topic for a while now. I also posted the thread to the BP channel so hopefully some of them will chime in as well.
I think this can be solved with liquid staking in rex. If you receive a token back that represents your claim then you can invest it back into liquidity, etc
My main concern with eliminating rex is that it reduces the amount of people who can vote and reduces the threshold for quorum which will make our governance easier to exploit
Upvoted the post, added vote on it, and commented on it too.
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