This proposal seeks KyberDAO’s approval to configure the current system of KNC rewards distribution such that delegators (KNC stakers who delegate voting power to another address) are able to directly receive and claim voting rewards proportional to their stake. This way, delegators do not need to trust their delegates to return rewards to them and their delegates can focus solely on governance and voting operations; encouraging more KNC stakers and delegates in the process.
This proposal seeks KyberDAO’s approval to configure the current system of KNC rewards distribution such that delegators (KNC stakers who delegate voting power to another address) are able to directly receive and claim voting rewards proportional to their stake. This way, delegators do not need to trust their delegates to return rewards to them and their delegates can focus solely on governance and voting operations; encouraging more KNC stakers and delegates in the process.