Thread by @xio_network

1/ Debate Time XIO! At what rate should Citizens receive rewards for staking $XIO? ( Upfront vs. Vested vs. Closing )

Make sure to reply with which Model you like best + one Pro/Con to be eligible for triple Credits #3XIOsocial

2/ Context: In the current model of XIO, Citizens earn rewards on a monthly basis after staking. However, this will be 100% automated in the Dapp. We need to choose what the rules of automation are and most importantly; what are the rate Citizens will earn rewards.

3/ There are three possible solutions we have discovered; each with their own pros and cons. To ensure the best decision, each model must be fully debated and discussed.

4/ Model One: Upfront - In this model, a Citizen would choose a predetermined amount of tokens and days they would like to stake their XIO. Immediately after staking, the Citizen would receive 100% of the rewards into their wallet.

5/ Example: Citizen stakes 100 XIO into startup ABC'a portal for 30 days. If the reward rate was 10% per month, the Citizen would immediately be able to withdraw their reward (10 ABC) while the XIO would be locked for 30 days.

6/ Pros: (i) Citizen receives instant and "prequalified" rewards (ii) Have not seen any other technology or service offer this before (iii) Citizens may be more likely to see immediate confirmation resulting in additional or increased staking attempts.

7/ Cons: (i) Unsure what startup will think of this model as many projects like to distribute tokens slowly and over a longer period of time (ii) Possibly less connection/relationship between Startup and Citizen.

8/ Model Two: Vested - In this model, a Citizen would earn rewards over time. This is most similar to traditional savings or interest accounts where you earn a small amount each day; but have the flexibility of withdrawing at any time.

9/ Example: Citizen stakes 100 XIO into startup ABC'a portal for 30 days. If the reward rate is 10% per month, the Citizen would be able to withdraw (1/30th) of their total reward (0.33 ABC) at the end of each day while also retaining the ability to withdraw their XIO at any time

10/ Pros: (i) Most similar and possibly understood model to traditional interest accounts; this brings familiarity (ii) Slow distribution of tokens to prevent any sudden market sells or accumulation while building a relationship with Citizen (iii) Flexibility for Citizen

11/ Cons: (i) Most difficult model to build and would push development timeline 1-3 months out (ii) Some startups may prefer getting upfront capital than vested so they can use it to hire/grow.

12/ Model Three: Closing - In this model, a Citizen would earn their rewards at the end of a predetermined staking period. At the closing of their XIO staking duration, the Citizen would receive 100% of the rewards into their wallet and then be able to unlock XIO.

13/ Example: Citizen stakes 100 XIO into startup ABC'a portal for 30 days. If the reward rate was 10% per month, the Citizen would be able to withdraw their reward (10 ABC) and XIO (100) only after a 30 day period.

14/ Pros: (i) With a delayed gratification of rewards, this model could incentivize Citizens to make more informed decisions on who they stake (ii) Less easy to gamify or attempt to manipulate the system.

15/ Cons: (i) Larger commitment and rates of both assets could fluctuate over the duration of stake (ii) Citizens may become impatient or lose interest in the waiting process

16/ It is important to note, while in the future we aim to have all three of the above models developed into XIO (chosen by the Startup), this debate is to discuss which model to launch the first version of the Dapp with.

17/ To participate in this XIO Social debate, please reply to the original (1) tweet with the model you like + one Pro/Con for whichever models you would like to add perspective towards. Full Video:

linkedin.com/posts/zacharyd…

18/ Extra Credit:

LinkedIn: linkedin.com/posts/zacharyd…

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Facebook: facebook.com/groups/xionetw…

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