Really great discussion, and strong arguments. What I'm about to say is mainly gut feeling because I obviously don't have any data to support my arguments. That's why I agree that the team should gather and present those. I'll be playing devil's advocate here and just focus on basic principles of proposal.
First principle woud be that we are all here to make money. Now most of us believe in protocol, and long term profit it will bring. Minority are trading whales utilizing protocol rebase mechanism and market structure for fast profit.
From protocol perspective problems are USTS and Hades on staking. USTS is mainly tied to whales scalping, and Hades is feature that team believes is esential for protocols longterm success.
Big question for the team is: Are we destroying protocol basis i.e. Simplicity, for the sake of its feature i.e. Hades? Are we not seeing the forrest because of the tree?
Such things happen in each tech led project, it's natural and in good faith, but can have severe consequences down the road. Can you share how many holders is using Hades?
My gut feeling is that both USTS and Hades are primarily used by those same scalping whales, because both work in their best interest. On the other side, majority of us small position protocol believers just slurps and stakes, not caring about extra layer of anonimity. To suceed Protocol needs a couple of good faith whales and army of small investors. That's why I would argue that whatever team does it should focus heavily on deply understanding small investors and how to make them feel safe (in crypto terms), welcome, and wagmi.
Taking above into consideration, I feel that creating amazing locked staking offer will minimize USTS through lowering unlocked APY.
That leaves us with single question: Is Hades on staking critical for protocol success?
