Hi everyone! The validation process for DAO Proposal #1 – Impr | Threshold News

Hi everyone! The validation process for DAO Proposal #1 – Improve staker P/L by increasing period duration has begun!

Please proceed to validate (or invalidate) this much-anticipated protocol upgrade!

1) Read the proposal -> https://dao.nucypher.com/t/1-improve-staker-p-l-by-increasing-period-duration/110

2) Validate/invalidate the protocol upgrade -> https://client.aragon.org/#/nucypherdao/0x61950d573c741ca10ee6815de11bcbe7e60a0f10/vote/1/

3) Upgrade your node to nucypher v4.8.0 or higher. Do this anytime before the protocol upgrade, but we strongly recommend doing it soon so you don’t forget.

4) If/when the protocol upgrade occurs, assuming you already upgraded your node, you will migrate to the new protocol simply by restarting the node. Remember to do this *after* the validation process successfully concludes.

Note that steps 3 & 4 are the minimum actions required from every single NuCypher staker who wishes to continue staking post-upgrade.

You can also inspect the proposal’s target code here:
https://etherscan.io/address/0x818bc355572F4F7C0A2dED95Eebd495eB0972b64#code