ZERA Staking Smart Contract Additions
Summary
This proposal upgrades the Zera Network staking system from version 1 to version 2.
The upgrade does not change existing staking rewards, lock periods, or supply limits.
Staking Contract Upgrade
The staking system will be migrated from the v1 smart contract to the v2 smart contract.
Material Changes
- Adds an instant staking option
- Instant staking allows rewards to be released upfront
- Upfront rewards are reduced by one third compared to the standard staking model
- Staked principal remains locked for the full term
- Release of instant-staked principal occurs through a manual contract call when the lock period ends
No user action is required for migration.
Network Upgrade
This proposal includes a required network version upgrade.
The network upgrade:
- Expands available use cases for the smart contract engine
- Adds new functionality used by upgraded contracts
- Improves governance-related contract processing
Existing contracts remain compatible with the upgraded network version.
Governance Actions
If approved, governance will execute the following actions:
- Upgrade the network to the required version
- Execute a proxy update to point the staking proxy from v1 to v2
The staking migration runs automatically during the upgrade.
Instant staking principal releases are performed manually through standard contract execution.
Final Notes
- No balances are modified during migration
- No changes are made to existing staking terms
- This upgrade enables new staking functionality and future governance improvements
References