BitShares Forum

Main => Stakeholder Proposals => Topic started by: bitmeat on June 16, 2015, 04:49:20 pm

Title: Accelerated Vesting of old BTS?
Post by: bitmeat on June 16, 2015, 04:49:20 pm

What about BTS vesting? Can we accelerate the vesting in the new BTS 2.0?

i.e. shouldn't we just remove the vesting for the old assets altogether once live on the new chain? This would also encourage abandoning the old chain.

When companies get bought / merged, they usually do accelerated vesting of all the outstanding options.

Title: Re: Accelerated Vesting of old BTS?
Post by: bytemaster on June 16, 2015, 04:50:13 pm

That would change the expected "dilution rate"

Title: Re: Accelerated Vesting of old BTS?
Post by: vikram on June 29, 2015, 08:18:01 pm

This would simplify the migration but I don't think anyone can decide to change this rule unless we have a real stake-weighted poll on it like the kind Agent86 is talking about here: https://bitsharestalk.org/index.php/topic,17204.msg219823.html#msg219823

Title: Re: Accelerated Vesting of old BTS?
Post by: Shentist on July 05, 2015, 07:28:12 pm

Quote from: vikram on June 29, 2015, 08:18:01 pm

This would simplify the migration but I don't think anyone can decide to change this rule unless we have a real stake-weighted poll on it like the kind Agent86 is talking about here: https://bitsharestalk.org/index.php/topic,17204.msg219823.html#msg219823

sry, there will be so much change, this should be discussed and considered.

It will help to make everything simpler in the future, because you need nothing to explain or code for the merger.

i would prefer to get rid of the vesting. why should we keep this 2 class in 2.0 anyway? The vesting was long enough for my liking.