Abstract
This proposal revisits MIP.8 to sunset the existing Delayed Unstake mechanism that issues claimable SOL “tickets” and replace it with stake accounts. It also proposes the introduction of a 10 bps fee on delayed unstake transactions. This change aims to better protect Marinade’s treasury.
Context
MIP.8 was previously presented on the Marinade forum with no objections or critical feedback. The only reason it did not proceed to implementation was a lack of votes in the Realms process. In light of this, Marinade proposes a fresh proposal (MIP.8.1) to reinitiate the process with clearer communication and a shorter voting cycle.
Key Updates and Rationale
- No objections received: The community showed implicit support through silence; there was no pushback on the original idea.
- Only major stake pool with no unstake fee: Marinade currently incurs risk by being the only major stake pool not charging a fee on delayed unstake. This proposal closes that gap.
- Treasury and TVL protection: The 10 bps fee helps mitigate treasury drain and deters toxic flows, a growing concern in volatile market conditions.
Next Steps
We propose to move this to a Realms vote after a short forum discussion period (under 7 days), unless critical objections are raised.