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Compounding staking rewards #315

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micahalcorn opened this issue Aug 11, 2022 · 1 comment
Open

Compounding staking rewards #315

micahalcorn opened this issue Aug 11, 2022 · 1 comment
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enhancement New feature or request P4 Something to consider, a feature request that we may not pursue ui/ux Workd that requires design and product overview

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@micahalcorn
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micahalcorn commented Aug 11, 2022

At least one user has requested that we add an optional feature for stakers' OGV rewards to be automatically converted into veOGV so that they are compounded. I agree that it's frustrating to have to periodically create new stakes when collecting rewards, particularly due to #265 and #266, which make it impossible to ever get to a 0 OGV balance by staking (after the firs time). I imagine that a true auto-compounding feature would be a significant change to our current veBalance calculation and I'm not sure how it would work. It does make logical sense though that a user could receive a "compounding bonus" for electing to never be able to collect rewards until the entire stake unlocks. A simpler compromise might be to make it possible to "collect and stake" accrued rewards instead of having to collect them in one transaction, then stake them in a second transaction (and deal with the inevitable collecting that occurs when staking again). #265 basically does the opposite of what the user wants in this case. There is an accrued rewards balance, and she wants to compound it rather than being forced to either collect it or leave it alone.

@micahalcorn micahalcorn added P4 Something to consider, a feature request that we may not pursue enhancement New feature or request solidity ui/ux Workd that requires design and product overview labels Aug 11, 2022
@micahalcorn
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Saving this for later: https://twitter.com/velodromefi/status/1683855403849859074

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Labels
enhancement New feature or request P4 Something to consider, a feature request that we may not pursue ui/ux Workd that requires design and product overview
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