Liquid Staking Community Call #2 - Jan 29th 2020

[FelixLutsch]

Agenda:
The call will take place at 4pm CET on Jan 29th 2020
Calendar Link: https://calendar.google.com/calendar/embed?src=chorus.one_lpdago3de5bpuimvogu9r24kdc@group.calendar.google.com&ctz=Europe/Berlin

Introduction and Discussion of Table of Contents for the Research Report (30-45min)

• Intro to PoS
• Liquid Staking Definition and Motivation
• Liquid Staking Taxonomy
• Description of Approaches
• Liquid Staking in the Defi Context
• Benefits and Risks
• Framework to Evaluate Approaches
• Conclusion

*Presentation and Discussion of Sunny Aggarwal's Delegation Voucher Implementation (30-40min)

Read the design specification here: https://forum.cosmos.network/t/a-design-for-fungible-staking-derivatives/2441

Wrap Up and Goals for Next Calls (5-10min)

• How to contribute
• Next call: Feb 5, 4pm CET: likely presentation and discussion of 1 or 2 other implementations

[dlguddus]

possible important aspect of liquid staking

different blockchain has different delegation model.
each blockchain can have different kinds of rights for delegation owner.
for example, most delegators possess governance rights, and the right is different when the delegation is staked to different validators(in Cosmos, validator fungibility problem)
for another example, maybe different delegation might have different reward rates, because of policy to give more rewards to longer delegation period(polkadot design? delegation period fungibility problem)

but those are just examples. future dPoS might have tons of different rights for delegators.

so ultimately, the solution should seperate those rights and the pure locked token ownership.
standardization of entire delegation object seems impossible from the beginning.

[FelixLutsch]

Recording and notes for the last call are live:

https://youtu.be/ATawMyQbyZQ