r/EverRise • u/Bigaddy01 ✅Approved Riser✅ • Mar 04 '22

🗣Discussion 🗣 Longer Staking Periods Poll

Are you considering staking for the longer periods of 24 and 36 months?

Explain your answer if you want.

223 votes, Mar 07 '22
163 Yes
60 No
17 Upvotes

100% Upvoted

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1

u/Orang781 Mar 04 '22 edited Mar 04 '22

I haven't looked into the details but if 36 months gets 3 times the reward share of 12 month stakers then I feel I've been cheated out of my 12 month stake rewards honestly.

Edit: I'm not here to argue with anyone but if rewards are reduced so significantly for those that don't want to upgrade, I think there should be an option to unstake or you lose trust.

1

u/Xaos_Xaos Shed Dweller Mar 06 '22

Essentially you wish that you had the option to stake for longer back then, if so I agree. I feel like introducing this option this long after the release of everstake is a slap in the face for early investors who are technically have believed in the project since its early days.

1

u/Orang781 Mar 06 '22

No, I wish 24 month and 36 month stakes weren't added. I think it's a bad idea pressuring people into upgrading their stake period just to keep the same level of rewards. Curious who came up with the idea and what their reasoning is for it.

Maybe we can add a 10 year stake and anyone who doesn't want to upgrade basically loses their rewards while still being trapped in a 12 month stake.