Allow me to list some of the potential PROS & CONS:
1. No change (status quo)
Pros: NA
Cons: NA
2. Removal of the unbonding period (1-3 working days to change)
Pros:
- Potentially attract new investors
- Removal of the objection on a being a scam token
- Strong community will prove itself like ADA token holders which do not need a staking period
Cons:
- Potentially affect APR or buy/sell pressures on markets
3. Amend from 14 to 7 days unbonding period (1-3 working days to change)
Pros:
- Increase comfortability for newer investors to stake
- Fairer unstaking time frame as market moves would have already occurred during unstaking
Cons: NA
4. 14 days unbonding remains but with an instant withdrawal option with a 10% penalty fee allocated to #GZIL holders based on tokens they hold (3-6 months to change)
Pros:
- Reward #Gzil holders
- Create an awareness of the importance of holding #Gzil
- Reward dedicated investors for the long run
- Instant withdrawal option for stakers as alternative
- Invitation to more stakers to stake and hodl both tokens
- More diverse ecosystem
Cons:
- Long development time
- Time for development by Zilliqa DEV may be “better” utilized elsewhere?
- Potentially almost the same utility/product with MattMilan - Early Unstaking/Gzil Earning opportunity - #13 by MilanZilliqa