Auto-compunding would be great. If legal, ofc.
The rest like renting etc. is highly speculative and unnecessary for normal staking so purely optional IMO.
I won’t stake through 3rd party or do any renting, etc.
Thanks for this initiative. Yet another that should’ve been in place from Day 1.
glad to see this brought here. I have seen a lot of discussion regarding this on twitter and believe the way to get this implemented for the community is via an AIP.
I’ve had several Apes ask me where they should stake, and while I mention ParaSpace, BendDao and other custodial options, I basically have to put on the “MY ASSETS NEVER LEAVE MY WALLET” voice every time. It’s as though BlockFi, Celsius, Voyager, and the others have taught us nothing.
I appreciate this being raised here, the greater incentive (and access) to self-custody our assets the better off the community will be.
Totally agree with this!!!
Im all the way in support of this. We shouldnt need other people (para and bendao) to do what apecoin should already be doing in the first place. This feels like such a no brainer.
Hey @spencerventures,
Welcome to the forum, glad to see you’re posting up your proposal ideas. 
I posted this comment in response to your post on twitter, so I’m going to re-post here too just to share the same context, so that others looking in have the right expectations as this idea evolves throughout the discussion…
It maybe helpful to consider working with Horizen directly for this proposal. We recently saw a proposal returned for reconstruction by the SC, before becoming eligible for community voting, it was nearly an identical proposal.
Their reasoning behind the return for reconstruction is there as the final comment in the discussion for the proposal.
Thank you,
The delegation feature is not only for useful for renting out staking rights, it allows you to follow security best practices by segmenting the account that claims and handles the $APE from the vault holding the NFTs.
As of now, users must either keep Apes in a transacting wallet (violates cold wallet status) or transfer them frequently from cold wallets or multisig to interact with the staking system.
Auto-compounding will be very nice for me to save gas fee!
For clarity, are you referring to apestake.io when referring to front end?
I’m all for shaping this idea up to enhance $APE staking experience… especially with auto-compounding feature. Thanks for putting this together.
Very supportive of this, on the presumption that ‘front end’ refers to the official Horizon-built Apestake platform. As such this would need to implemented in conjunction with Horizon labs.
Thanks for bringing this up again!
Waiting for this to come true! I support this proposal!
It’s been asked for some time. And this is the route to get it through as you said ser.
Great point. Thanks.
Hi @spencerventures first post and very valuable !
I agree that decreasing incentives for Yacht Club members to deposit their apes in contracts outside of their wallets is important for the health of the ecosystem. The issues of bad actor risk and concentration risk are definitely concerning, and it’s good to see potential solutions being proposed. I also think that auto-compounding and batch withdrawals would be helpful improvements to the staking contract. Thanks for sharing this proposal and starting the conversation!
-Mr. Hype 
Hi @spencerventures,
Following up on the point @Lost made above, which is that a proposal like this needs to come on behalf of or in partnership with Horizen Labs.
Have you been in contact with Horizen about this?
Hi @Waabam,
I believe that @spencerventures proactive approach in reaching out to the community is exactly what we should expect from a DAO aiming for efficiency in our executions. This forum (AIP Idea) allows us to shape ideas together, understand the shared vision we all agree to execute, and gather feedback to refine and finalize the idea before reaching out to execution (aka Horizen Labs). Don’t you agree that this collaborative process helps us ensure that our proposal aligns with the community’s vision and maximizes our chances of success?
-Mr. Hype
Hi @MisterHype,
Yes, I absolutely think that @spencerventures has taken the right approach here. I am asking if he’s reached out to Horizen yet because I could make an introduction for him, if that’s helpful.
Hi @spencerventures,
Your topic will be moving to the AIP Draft phase in less than 24 hours. Are you content with the feedback received or do you wish to extend community discussion for another 7 days?
If we do not hear from you within 48 hours after your topic closes, your topic will be moved straight to the AIP Draft process.
We look forward to hearing from you.
Hi @Waabam,
Sorry for my misunderstood here, happy to hear that. I said it following @Lost comment you mention
Stay hyped!
-Mr. Hype
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