I’d like to propose a second SIP, this time around improving the UX of Stacking.
Stacking is an indispensable part of Stacks. It’s awesome, and I believe it can be improved.
Here are the challenges around Stacking today, as I see them:
1: The variability of the Stacking slot minimum
2: The inability to remain Stacked for an indefinite # of cycles and unstack whenever you want
First, the variability of the Stacking slot minimum is particularly challenging for Stackers. Some Stackers will buy enough Stacks to get just the minimum amount and lock up for the maximum # of cycles (12) and then if the slot minimum goes above the amount they Stacked, they will be priced out of the cycles and lose out on a lot of Stacking rewards. In addition, this is just a confusing process and it seems like it could be simplified. I understand the rationale for a somewhat low number of slots, but it appears that having a floating number of slots is preferable to having a floating slot minimum. Fixing the slot minimum would result in a Stacking experience that is much easier to explain to people and much easier to work with.
Second, the inability to remain Stacked for an indefinite # of cycles is a challenge that results in lost Stacks for the cycle after you unstack. Let’s say you Stack for the maximum # of cycles (12) and then you want to repeat your stacking for another 12 cycles. You’ve now lost out on one of those cycles in between. You also have more work to do to keep your money working for you. There’s increased overhead. There would be a nice simplicity in being able to set your Stacking and forget it.
As a possible solution to these UX issues, I’d like to propose setting the slot minimum at a fixed amount, like 100,000 STX or 200,000 STX, and changing the Stacking rules so that one can start stacking and stop stacking whenever one wants.
With such a change, Stackers would be able to know precisely how many STX they need to lock up to get a full reward slot, and they’ll know how many reward slots they will have in any given cycle. They will also be able to easily enter and exit Stacking and won’t have to miss every 13th cycle.