Create new staking contract for MIM distribution instead of buybacks

As we have seen, the buybacks are almost immediately arbitraged and have large slippage. I propose creating a new secondary contract where spell stakers are paid out in MIM. This would not deprecate the current staking contract but rather be a secondary option. The buybacks and payouts would split the MIM proportionally to the amount staked in each pool.

6 Likes

I agree with the idea
BTW are there any plans for long term sSpell holders under the SOLID hood ?