Simple Summary
Remove the current 30-day unstaking lockup and 20% slashing penalty for $DRV stakers to ensure user freedom and fairness, particularly as Derive navigates a possible acquisition.
Abstract
This proposal eliminates the 30-day lockup period and slashing penalty on $DRV unstaking. With the potential Synthetix acquisition on the horizon, users deserve the ability to make timely, penalty-free decisions about their assets.
Motivation
The Derive protocol is undergoing major strategic discussions, including a possible acquisition. In this environment, locking user funds with harsh penalties:
- Limits user autonomy
- Reduces trust in governance
- Forces stakers into potentially unfavorable terms
Removing the unstaking restrictions will show that the DAO prioritizes transparency, user rights, and adaptability in fast-moving governance environments.