When a NO is ready to claim their RPL rewards from having staked RPL, they have the option to:
- Withdraw the RPL to their withdrawal address
- Add the RPL to their staked RPL supply.
As you know, whenever a NO stakes more RPL, a hold is placed on their ability to withdraw RPL, even if they are above 150%.
My proposal is that when a claim-stake is performed, the 30 day withdrawal restriction only applies to the amount of RPL that was staked from the claim, not the entire balance.
User has 100 RPL balance and gets rewarded 1 RPL, the user’s RPL/ETH ratio is currently 200%. This means that they should be able to withdraw 25 RPL.
In this instance, they do a claim-stake and now have 101 RPL.
Currently, the entire 101 RPL balance will be locked for an entire claim period.
The proposal is to allow the user to withdraw RPL down to 76 RPL (75 RPL original + 1 RPL recently staked) and keep the remainder above 150% withdrawable.
Right now I’m hesitant to stake my RPL after I claim it because of this withdrawal restriction. I want to have the ability to have my RPL be somewhat liquid in case the ratio gets to a point where I wish to offload some of my RPL. I’m not willing to lose that liquidity for a less than 1% increase to my staked RPL. We should not have to make that trade off. This solves that issue.