Since the open staking launch less than a week ago, there have been numerous threads expressing their frustrations around the 7 epoch wait-time to undelegate from any validator. The discussions often stem from the time where early delegators realize in hindsight when some validators that they’ve staked with became un-electable due to the rising tide of the median EPoS surpassing the minimum requirement to be qualified into the top 320 slots.
I’d like to propose to introduce the concept of “Re-delegation” (borrowed from Cosmos) to help boost the confidence of delegators to be early adopters and to earn rewards sooner rather than later. We could throttle the re-delegation assignments to not allow for more than one re-delegation every 7 epochs for the same amount of tokens secured with the newly redelegated validator.
There were some upvotes on the thread on Telegram – https://t.me/harmony_one/417829
@nickw responded earlier today on the Discord channel as well – https://discordapp.com/channels/532383335348043777/712401237777317888/713191029905424386 cc: @rongjian