Hello
PROBLEM:
CEXs are concentrating more and more of people’s tokens ownership, getting their voting power and delegating to their own big central pool farm.
OBJECTIVE:
Define some guidelines for Defi to help the pool network decentralization
DESCRIPTION:
Defi could solve 2 current problems:
- the people’s tokens centralization in exchanges by taking back some CEX’s liquidity.
- the pool farms centralization by delegating liquidity in a ‘fair’ manner.
Each Defi app is likely to take custody of huge liquidity, that will have to be delegated according to the app implementation.
It could be a fair delegation to the pool community, helping the block production decentralization, it could be an unfair delegation in favor a central pool farm (Like Binance does today).
SOLUTION:
Set some guidelines to help Defi apps to implement fair delegation.
PROPOSALS (draft ideas):
- random delegation
- dynamic delegation based on pool’s performances
I am not a smart contract specialist, so I don’t know what are exactly the contract possibilities. Please advise.