On behalf of the Terra Rebels Alliance:
I would like to reach out to community, before writing an actual proposal, regarding an idea that would increase the staking pool value, and as a consequence, increase the value of LUNC. As the community thoughts count, we need your opinions regarding the value of this undertaking.
You can find more information about ISPO here:
What’s an ISPO - An initial stake pool offering (ISPO) is one of many ways for a crypto project to raise funds.
It is a relatively new approach to crypto fundraising and was first introduced on the Cardano blockchain.
In essence, project teams start staking/validtor pools in which LUNC holders stake their tokens.
Afterward, the project team pays the LUNC delegators through tokens from the project.
At the same time, the pool operators take all or a percentage of the LUNC rewards to fund their projects.
This will also make the network more decentralised as there will be more validators and the token’s will be more spread out.
Nevertheless, as outlined in the blog posted above, should the voting pass, we would focus on solving the mentioned problems long-term. This also means that the wallet software as well as the pooling will have an update, and that we will have to coordinate this with Terra Rebels, as well as the validators. We are looking at this implementation after the burn period is over or as soon as the price of LUNC reaches enough to secure the proper funding.
Thank you kindly for your input, much appreciated!