Thanks for putting this together. The caps were the original resistance to AIP4/5 but it has now shifted to claims or stakes. I’d like to get some more input from the community on this point.
Staking has the ability to incentivize long term lock up of $APE which is multiplied through an auto-compounding feature. Gas fees from staking and unstaking will further disincentivize users from dumping tokens.
Claiming gives users regular output of tokens for participating in the pool. This may lead to frequent token dump when claims are available. Further concern is around whether the BAYC/MAYC NFT or $APE becomes a security at that point as illiustrated by @mg here:
In the long run, both will release equal amounts of $APE into the ecosystem if we stick with the original pool sizes. <feel free to comment below if there are other pros/cons to either staking or claims>
Below is a poll so we can get a temp check from the community here to signal which they are in favor of. This will save us time, build consensus, and prevent a, “first to 51% vote,” on snapshot which will likely leave a large part of the community upset.
- Stake
- Claim