I’ve been thinking about WaterNeuron and its potential. @Lorimer has certainly got me thinking of the positives that liquid staking could bring to the IC is implemented properly. I still need to do more research but I wonder what increased liquidity would’ve done for ICP had we had this type of infrastructure in place when we hit $20 earlier this year. I’m sure what a lot of people would’ve liked to see is what WaterNeuron is attempting to provide.
@WaterNeuron Can’t find your website.
The WaterNeuron SNS-DAO sounds like a game-changer! The phased approach with distinct eras and the focus on liquid staking is innovative. Kudos to the team for the detailed planning and enhancements. Eager to see this in action!
Exactly, first of all, it’s not technically possible. WaterNeuron has been designed to align with the NNS design of non-transferable neurons as transferable neurons could cause harm to the IC.
Allowing people to convert their 8-year neuron to WTN, would be like making neurons transferable which could be dangerous. On the other hand, we would be in favor of allowing 6-month neurons to be converted to nICP.
The best time to plant a tree was 30 years ago, and the second best time to plant a tree is now.
The SNS-Swap is live: NNS Dapp
We’re 75% of the way with 6 days left.