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Economic CAB minutes for SIP-015 #98

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merged 3 commits into from
Nov 3, 2022

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mattyTokenomics
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adding minutes for the Economic CAB discussion on SIP-015


- The changes proposed in SIP-015 to stacking methods (namely enabling contintual renewal and increasing of stacking) are critical primitives
- As long as these changes are backwards compatible, this CAB sees no economic risks or externalities
- Next steps would be to enable liquid stacking by supporting the create of an 'xSTX' token, conceptually similar to 'stETH'. Each 1 xSTX token would represent 1 stacked STX toke that accrues stacking rewards
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Thanks, will distribute it to rest of the Economics CAB, I think there may still be many edge cases and complexities in practically enabling liquid staked STX that need to be worked out (such as how to handle BTC rewards, the discrete cycle unlocks making a bit less fungible than stETH, etc)

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Minor formatting stuff but otherwise LGTM.

@jcnelson or @mattyTokenomics any reason not to merge it after the changes?

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@mattyTokenomics if all looks good here re: suggestions happy to get the final changes done so we can merge it in.

I also like how you added the template file - once all three CABs have their minutes in we can loop back and generalize the format for everyone - great idea!

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requested changes made

@whoabuddy whoabuddy merged commit b1fc3ef into stacksgov:main Nov 3, 2022
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jcnelson commented Nov 4, 2022

Just wanted to let the economics CAB know that their main concern with SIP-015 is addressed in this PR, if they want to take a look: stacks-network/stacks-core#3379

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3 participants