In Progress

This project is in progress, see:

• Document below for background on how we got here

• FIP-21 for FIO Chain functionality: https://github.com/fioprotocol/fips/blob/master/fip-0021.md

• Reward modeling: SRT modeling spreadsheet

• Go-to-market plan: Staking got-to-market

• Discussion: Discord Staking channel

Initiative Committee

Pawel Mastalerz David Gold Luke Stokes Eric Butz George Worrell

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Proposed Functionality

See FIP-21SRT modeling spreadsheet

Off-chain functionality

• Circulating supply calculations will need to be updated to show staked tokens as non-circulating.

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• Staking will be incorporated into the future FIO dApp Dashboard

• A wallet could build a simple UX without the complexity of voting, by simply saying “click here to stake” and behind the scenes the tokens would be proxied.

• Rewards can be computed real-time based on current SRT balance and Rate of Exchange.

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