I. Abstract
This proposal recommends upgrading the current AMI staking mechanism from a fixed 30-day staking pool with preset rewards to a flexible, continuously accessible staking system. The new structure aims to improve accessibility, stabilize APR, increase liquidity, and strengthen long-term participation across Amnis ecosystem.
II. Motivation
The existing 30-day fixed staking pool limits participation to users who stake within a short monthly window. This results in unusually high APR due to low participation, reduced fairness in reward distribution, and lower liquidity throughout the month. A more flexible, continuous staking mechanism would eliminate these constraints, create a healthier incentive structure, and enable more sustainable ecosystem growth.
III. Specification
1. Flexible Staking
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Users may stake AMI at any time during the campaign without needing to wait for a new 30-day pool.
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Optional: introduce soft-lock or variable lock durations to align incentives with Amnis’s staking philosophy.
2. Reward Distribution (amAPT)
Rewards will be calculated based on:
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Total AMI staked in the pool
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Individual user’s proportional share
3. Dynamic APR
APR becomes automatically dynamic and adjusts based on:
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Total AMI staked
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Size of daily pool
This ensures that APR reflects real market participation and prevents extreme fluctuations.
Implementation Steps
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Finalize reward allocation model
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Deploy flexible staking smart contract or update existing logic.
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Update frontend UI to display real-time APR and user position.
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Test on devnet → testnet → mainnet.
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Announce new staking model and migrate users.
IV. Benefits and Risks
Benefits
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Higher Accessibility: Users can stake anytime; no more missed entry windows.
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Stable and Realistic APR: APR aligns with real participation and avoids unsustainably high returns.
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Better Liquidity: Users are no longer locked into rigid 30-day cycles, encouraging ongoing engagement.
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Long-Term Growth: A flexible model supports sustainable TVL growth and stronger token utility.
Risks
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Requires development time for contract upgrade and UI adaptation.
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Possible user confusion during transition unless clear communication is provided.
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Daily reward distribution may require additional backend monitoring.
V. Expected Outcomes
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Increased number of AMI stakers and greater user participation.
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Smoother, more balanced APR across all staking participants.
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Improved user experience through continuous entry.
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A stronger, more sustainable token ecosystem with long-term alignment.
VI. Cost Summary
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Development: Smart contract upgrade + UI updates (estimated internally by Amnis).
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Rewards: Same existing reward allocation.
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Operational: Minimal marketing or communication cost.