Threshold
As I understand this, this is to keep the apy% at the same percentage even when all the crowdloan liquidity is absorbed.
but currently the rewards are very high which does not allow that liquidity to be directed to the parachains, which if they do not offer degen apys of 200% they do not attract enough liquidity, which is not sustainable
Staking is valuable because it secures the entire parachain ecosystem, but if parachains do not prosper, staking loses meaning since there is nothing to secure?
I understand that they seek to ensure that liquidity on the relay chain and that users do not lower their rewards considerably.
but if it does it is fine, it means is above average and should go somewhere else or accept fewer rewards, simple
I have reached out to Jonas on Twitter for more information wrt how the staking rewards % would look without this change, at varying % increases in % of supply staked after the great unlock.
Many missed the original discussion in the forum on this topic, and a rather big change feels a little rushed through without fully understanding potential impacts across the board.