Get Actual block period equal to day so quoted APY is meaningful in the first place. and -charge penalty on early withdrawal options.
-Penalties distributed immediately as earned to current stakers
Complexity and and unrealistic “lock-up” periods not the way to go in my opinion.
Especially if going to take away rewards from those doing what they currently doing with staking.
I say as long as is optional and the community or the person has the option to choose that would be fine. as long as it is an option and is not forced. also the higher the APY would be good i also agree that we do have people that are here long term and want to hold for more than 2 to 3 years.
It might be interesting to gradually phase out longer staking periods, which would have the effect of reducing some future reckoning day when a bunch of liquidity is unlocked and there is market manipulation by whales around the time the pool expires.