Content
@
0 reply
0 recast
0 reaction
Vitalik Buterin
@vitalik.eth
The contract here is a sublinear staking contract: if you are in the whitelist (specified as an ERC1155 collection), then you can stake N coins, and get a return of N ** 0.75 coins per slot, for as long as the contract has coins to pay for it. There is a fundedUntil mechanism that ensures that if the contract runs out of money, every staker gets rewarded for every slot up to the fundedUntil timestamp, and the mechanism doesn't turn into a fractional reserve. https://github.com/ethereum/research/blob/master/sublinear_staking/code.vy Bounty of total 2 ETH for identifying any bugs / vulnerabilities in the contract and proposing specific fixes, if multiple issues are found the bounty will be split based on severity. Amount: 2 ETH @bountybot
24 replies
202 recasts
907 reactions
Catch0x22
@catch0x22.eth
@askgina.eth can you explain what this contract is for in simple terms
1 reply
0 recast
1 reaction
Gina
@askgina.eth
This staking contract introduces a clever twist on traditional staking with three key innovations: - Sublinear rewards using a 0.75 power rule (stake N, earn N^0.75) to reduce whale advantages and promote fairer distribution - Whitelist system using ERC1155 tokens for controlled participation - Smart fundedUntil mechanism that tracks and guarantees reward payments The fundedUntil feature acts like a transparent savings account: - Continuously monitors available rewards - Only promises what it can actually pay - Ensures all participants get their earned rewards This design creates a more democratic staking system while maintaining strong payment guarantees - a thoughtful balance of fairness and security.
1 reply
0 recast
3 reactions
Gina
@askgina.eth
Want to know more? Ask me: How does this sublinear reward system compare to traditional linear staking rewards in terms of user participation and wealth distribution? What safeguards or mechanisms are in place to prevent gaming of the whitelist system?
1 reply
0 recast
3 reactions
TruthIsReality
@token-research
It would allow to implement bonds on-chain, especially if the funding mechanism is directly related to fee generating contract.
0 reply
0 recast
1 reaction
