Point of Contact: Roy Shen from Cyber Team

Executive Summary
This proposal aims to extend the current staking season, originally set to end on December 14, 2024, through December 31, 2024. This extension would require a proportional allocation of additional CYBER tokens to cover rewards for the extra 17 days.

Moving forward, future staking seasons will follow a quarterly schedule based on the calendar, beginning on January 1, 2025. Additionally, we propose that the first season of 2025 retain the current staking reward allocation of 250,000 CYBER tokens, as this amount has proven to sustain a competitive APY and drive healthy staking participation.

The proposal benefits current stakers and ensures a predictable, quarterly staking schedule going forward.

Motivation
This extension and transition to quarterly staking align with CyberDAO’s commitment to maintaining a steady, community-driven approach to staking rewards. Extending the current season enables the community to capitalize on staking rewards through year-end, supporting both short-term engagement and long-term sustainability. A quarterly schedule allows the community to better anticipate staking periods, while maintaining the reward rate reflects our commitment to offering competitive APY. No conflicts of interest are anticipated with this proposal.

Specifications

• Staking Season Extension: Extend the current season from December 14, 2024, to December 31, 2024.
  • Additional CYBER tokens will be allocated proportionally to sustain the rewards for these 17 days.
• Quarterly Staking Schedule: Starting in 2025, all staking seasons will align with calendar quarters:
  • New Staking Season Start Dates: January 1, April 1, July 1, October 1.
• Staking Reward Allocation for Q1 2025: Maintain the reward allocation of 250,000 CYBER tokens for the season starting on January 1, 2025. This reward amount has historically provided a competitive APY, which has helped maintain a stable participation level in staking activities.
  • Impact Summary / KPIs:
    • Growth-driven KPIs: Maintain a steady level of CYBER tokens staked, targeting an APY that aligns with community expectations.
    • Strategic Goal: Improve predictability and engagement in CyberDAO’s staking initiatives.

Success Criteria
Success for this proposal will be defined by:

1. Smooth implementation of the staking season extension with minimal impact.
2. Seamless transition to quarterly staking seasons starting January 1, 2025.
3. Stable APY and staked token levels through Q1 2025, achieving similar participation metrics as previous staking seasons.

Action Plan

1. December 2024: Extend current staking rewards to cover the 17-day period ending December 31, 2024.
2. January 1, 2025: Launch the new quarterly staking schedule.
3. January–March 2025: Monitor participation and staking APY; review metrics to ensure the new schedule supports a consistent level of engagement.

Conclusion
This proposal extends the current staking season through December 31, 2024, and transitions staking to a predictable quarterly schedule from 2025 onward. By maintaining the staking reward of 250,000 CYBER tokens, we aim to sustain competitive APY and encourage long-term participation.