[VOTE] HIP-20 Adding Decimal To The Staking Dashboard

Governance Validator DAO
1

Summary: This Proposal is to add decimals to the Harmony Staking Dashboard.

Background: We have had many small delegators from all sides asking to have decimals added to their staking portfolio. Many of them first question if they are actually receiving rewards at first but after they contact a validator, they find out that this is not the case. The rewards are just too small for the current Dashboard to pick up and display the rewards. The Dashboard should be able to at least display rewards for delegators that are staking the minimum of 100 One tokens.

Motivation: This is important to encourage small delegators to continue supporting the Harmony staking ecosystem. If the small delegators cannot see that they are receiving rewards, it places them in an uncomfortable position in which they begin to doubt if they are earning. They also have to find who they can ask to receive some answers. Currently the best way to confirm is to claim the rewards and check the transaction hash in the Harmony Explorer. This is not a user-friendly way to promote staking if they have to go to a different website to confirm their earnings.

Specification: @Maffaz has found that the coding to implement this is inside of GitHub, but it needs a pull request. We also do not know if this belongs to the Developer DAO or not. We have decided to post it here to receive some feedback on the matter. If it is feasible, we believe it will provide better staking experience to our delegators. This may be something small and simple but we are confident that it will be a beloved feature.

Picture Examples:

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  • Add Decimals To Staking Dashboard Portfolio
  • Keep Current Set Up

0 voters

@Jacksteroo @leo

4 Likes
2

Always in favor of better and more accurate information. And you especially don’t want to discourage new and/or smaller delegators in this fashion

YES

6 Likes
3

Yea it’s a quality of life change for them :grin:

Thanks for your feedback.

6 Likes
4

Yes from me. I’ve lost count of how many new delegators I’ve sent to SmartStake Analytics to see their sub 1 ONE rewards!

4 Likes
5

Compare is below but I will not put in a pull request until it is decided by vote…

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5 Likes
6

Super yes! Will assure delegators that they’re actually getting rewards.

5 Likes
7

This will benefit delegators, specially small ones, so I 100% agree with this proposal. The solution is also pretty simple.

Question: How many decimals shoud be displayed? In the examples above you can see 2 and 3 decimals.

4 Likes
8

Very much second this, too many new delegators think they are getting no rewards.

4 Likes
9

I think 3 decimals… It was calculated that you can earn approx 0.001 ONE per hour for 100 ONE…

8 Likes
10

Great proposal. It will help people with smaller stakes see their rewards easier.

4 Likes
11

This is a great idea.

I also think an explanation should be added that you can’t claim until you’ve generated at least 1 ONE in rewards. It could be added above the disabled “Claim Rewards” button. If I had 1 ONE for every time I’ve had to explain that to a delegator I’d have… well probably at least like 10 or so :sweat_smile:. It could either be part of this change or a separate proposal, but the code change would be trivial.

4 Likes
12

For sure, this will be critical for staking as harmony grows.

3 Likes
13

That would probably have to be it’s own proposal! I love the idea though (: Would be very helpful information for new delegators

3 Likes
14

Great idea. 3 decimal points for this with smaller stakes is a good idea.

I can’t see anyone not voting for this. Is there any way to fast track?

5 Likes
15

Afraid not. We have to follow the proposal process as outlined in the VDAO Charter.

We require a feasibility review from the Core team and then we can put this to a vote ASAP but we need to allow time for every validator to debate and vote on the matter…

I personally do think it has an extremely high chance of passing but the decision lies with the community as a whole :slight_smile:

2 Likes
16

@sophoah @rongjian This is pretty straightforward but can we have the thumbs up from the team that this is feasible?

1 Like
17

Hey, no issue on my end this is a very simple change and as you mentioned above

3 Likes
18

Thanks dude. We will assign a hip number and make arrangements for debate and vote.

1 Like
19

@BrotherOne we have an OK for feasibility so please can you assign HIP-20 to this proposal

1 Like
20

Yes from me & thanks for proposing this change, I noticed it since day 1 but had no idea how to propose a change !

2 Likes