As most of you will have heard, there is a problem with LQ staking and the Aquafarmer boost when using a wallet in multi address mode (most common probably: Eternl):
TLDR: Users with an Aquafarmer NFT and a multi address wallet need to restake all their LQ before the 6th of June to be sure that their AF boost is correctly applied to their LQ stake. That results in the loss of up to two month “LQ staking time” (after six month you will get 30% instead of 5%) for these users. Users who only used single address wallets like NAMI or Lace (or Eternl in single address mode) will not have any problems.
The Liqwid team is determined to “make things right” for the affected users. They also discussed a possible solution in the above-mentioned announcement. I was asked to create a temp check to start a more formal and serious community discussion in the government forum about how to “make things right”.
Full disclosure: I would be affected by any solution, as I had to restake my entire LQ stake to be sure to get the AF boost going forward.
I have a background in computer science, but I do not want to pretend I know much about blockchain technology in detail, so my proposal might not even be technically possible. I wrote this proposal with the assumption that it is possible to set the “staking clock” when a new stake is created.
My proposal would be to try to take this as a marketing opportunity:
Make some waves and twitter posts that Liqwid will finally fully support the AF NFT boost for LQ staking starting on the 12th of June. On that date a new version of the staking page will be published, which will finally show the AF from the wallet that is associated with the stake and there will be information that you have to use a single address wallet to get the boost. Then everyone will be able to check if the AF applies to the stake(s) as expected.
With this “new” LQ staking with AF boost there will be the following incentives for new and existing users:
In the week from the 12th to the 19th of June every newly created stake will get one month on the staking clock – marketing for new users.
Users who had LQ staked before the 31th of may (date of the notion announcement about the problems) will get three months on the staking clock (up to the amount of LQ staked on the 31th) when they restake (to prevent that someone just creates an additional new stake with the same amount of LQ to profit from the free three month but could be tricky to check probably).
My idea is that this should get everyone not only the affected users to restake. That way everyone will also see the new staking page with their AF now working correctly and everyone will be warned that you need a single address wallet.
That would be my first take, but surely there will be problems or exploits that I missed or do not know about. And there is one other thing: the solution to make things right could be completely different if we are talking about 50 affected users compared to 500. I have no idea how many wallets will be restaked until the 6th of June.
I wanted to give you my take on a solution to start a discussion, but please feel encouraged to propose something completely different - so please do not only trash my ideas but try to come up with something better.