Meta Pool Wants Long-Term Stakers to Have More Say
Meta Pool just dropped a new proposal that could change how governance works for its community. The idea? Reward people who are in it for the long haul. If you’re willing to lock up your tokens for years, you’ll get way more voting power—up to 24 times more, actually.
It’s not just about influence, though. There are some extra perks, like special NFTs and early access to future campaigns. The proposal, called mpIP-[17], is part of Meta Pool’s fourth-anniversary plans. And honestly, it feels like they’re trying to weed out the short-term players.
How the Multipliers Work
Right now, there are three new lock-up options: 600 days, 900 days, and 1440 days (which is roughly four years). Each tier comes with a bigger voting boost. Lock for 600 days? That’s a 10x multiplier. Go for 900 days, and it jumps to 15x. But if you commit to the full four years, you’ll get a whopping 24x multiplier—though that option won’t be live until August.
The math is simple: Voting Power = Locked Tokens × (Days Locked ÷ 60). So, if you lock 100 tokens for four years, that’s 2400 votes. Compare that to someone who locks for a few months, and the difference is huge. It’s a clear move to give the most say to the people who aren’t going anywhere.
Why This Matters
Meta Pool isn’t the first to push this idea. Vitalik Buterin once said decentralized governance only works when people have “skin in the game.” This proposal takes that seriously. It’s not just about holding tokens—it’s about proving you believe in the project long-term.
And sure, the voting power is the main draw, but there’s more. If you lock for four years, you’ll get a commemorative NFT from ShardDog. There’s also an NFT art contest with a $500 prize, though details are still fuzzy. Early access to future campaigns is another carrot they’re dangling.
One thing to note: this doesn’t change token emissions. It’s purely about redistributing governance weight. Meta Pool’s stance seems to be: if you’re sticking around, you should have a bigger voice.
What’s Next?
The proposal is live now, but the four-year option won’t unlock until August. Whether it’ll work? Hard to say. Some might balk at locking tokens for that long, especially in crypto’s volatile world. But for those who were already planning to stay, it’s a pretty sweet deal.
Meta Pool’s betting that loyalty should mean something. We’ll see if the community agrees.