FOLKS staking is probably also available in Folks Algorand app & xchain xApp pretty soon. I was wondering if this “staking” should happen via deposit/collateral rewards. what I mean by this is that maybe better to add FOLKS rewards into FOLKS deposits & collateral. so when people deposit or use FOLKS as collateral, they will earn FOLKS rewards. This way there is no separate staking section, but rather “staking” rewards encourages people to deposit or use FOLKS as collateral in actual lending platform. This way people provide liquidity into actual market and are more likely to use platform itself and borrow something against FOLKS –> increased platform usage.
If staking happens via separate staking section, then it will create unnecessary silos and are away from actual platform.
This can be changed later when token role evolves and if for example FOLKS will be also some kind of platform insurance token etc. when siloed model is relevant, but mean while maybe good to push liquidity into platform.
Regards,
ROAM