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  • It’s up to the integrating wallet to notify the user to renew, which may be challenging for wallets which do not collect contact information from their users.

  • Users may not be using their wallets often enough to notice the need to renew.

  • As discovered in a recent Usability Study /wiki/spaces/DAO/pages/88539419 some users will abandon FIO Protocol if they have to pay an annual fee or due to the fear that expiring FIO Address may compromise their security (someone else re-registers).

  • As of 6/25/2021 only 316 FIO Address renewal calls have been executed.

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Elimination of FIO Address expiration or burning

Option 1 - Selected for FIP

This proposal is to eliminate the notion of expiration date for FIO Addresses altogether. FIO Addresses will never expire and will be owned by the owner permanently until transferred, voluntarily burned, or burned due to expiring domain.

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