To give GZIL some utility without giving GZIL utility, I propose the idea of giving GZIL holders of at least 10 GZIL, the right to a 1-2 day unbonding period.
GZIL supply = 560,000
560,000 / 10 = 56,000 wallets capable of 1-2 unbonding.
Now I say “1-2 day unbonding period” loosely.
In code, it would be something similar to
A: “4,400 blocks.”
B: “2,200 Blocks” + “the rest of the current cycles block cycle”
option A, would be a straight 2 day version of this proposal.
option B, would be a more in depth based version of this proposal.
option C, same as A or B + an additional 1,000 zil network fee.
Sounds interesting, i would recommended making a poll.
It’s very interesting
Maybe a bit higher like 50-100gZIL/staker, considering the current price. Later it can always be modified through proposal if gZIL price changes.
Another possibility is that you must own 10%-15% of the equivalent value you want to unstake in gZIL (for the right of 2 days unbounding period).
Make a proposal with pool!
I have made more in depth proposal regarding gzil and unstaking. Make sure to vote: