According to the previous vote the K9 Finance DAO auditors found a small “edge-case” that could pose a vulnerability to the product. This edge case was the lack of a “minimum lock constraint” within the financial model, which is meant to ensure that “lock period” must be > “vesting period for esKNINE” to give a user the ability to vest their esKNINE to KNINE
Therefore, it was recommended that the esKNINE vesting period be reduced from 365 days to 179 days and enable the Minimum Lock Constraint. Functionally, this means that a user must be locking their KNINE for a minimum of 6 months to vest their esKNINE
All other variables remain the same, but a cheatsheet here is attached.
Within the parameters of the successful vote, the management council was granted 90-day discretionary control to monitor and adjust these variables to optimize the product.
