StakeWise Tokenomics Proposal (veSWISE)

[bZ1]

I applaud you for the detailed proposal @Steel.Key!

There is a lot to unpack here, so bare with me as I try to understand.

@Steel.Key

Out of this 3% that is bought back & distributed to SWISE stakers, we suggest implementing a vote lock mechanism “veSWISE”. If a staker locks for a longer period of time – say one year, six months, three months, they would be entitled to a higher yield to compensate for that illiquidity. This would ensure that stakers that are more committed to the longer-term success of $SWISE are relatively rewarded and it would benefit the $SWISE community by incentivizing participants to reduce the amount of marketable circulating supply of $SWISE.

Few questions here:

1. Would the specification be that the StakeWise team would create a new contract like in @vlad’s proposal that @kiriyha linked or are you suggesting we outsource this to another protocol (could even be a great SWAT proposal)?
2. Have you done any analysis on what kind of price impact this proposal can have?
3. What is the cost of this? (i.e. extra gas fees if another layer, dev resources, SWISE incentives)

I think this is an interesting idea to implement, although I am trying to think if this is really necessary right now given the main priority is growing TVL.

@Steel.Key

Appointing a marketing arm to help support/decide on allocations involving direct-to-consumer community building, sponsor podcasts (ex. RocketPool & Bankless)

I am slowly warming up to this idea of marketing, but we would to set this up correctly to maximize ROI. Any suggestions on how to approach a marketing campaign for StakeWise?