NuCypher is a decentralized KMS token that removes the limitations of using consensus networks to securely store and manage private encrypted data. The coin is accessible, intuitive, extensible, only the owner of the data has access to them, there is a re-encryption scheme for cryptographic access control.

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📢 🚨 Community Snapshot Time 🗳

What's the snapshot for? Threshold network's primary reward mechanism and surrounding architecture. 

What do I do? Signal your approval early and help formalize this crucial component of the protocol!

Full proposal and discussion:
https://forum.threshold.network/t/threshold-network-reward-mechanisms-proposal-i-stable-yield-for-non-institutional-staker-welfare/82

Likely parameters at network genesis:
(1) Maximum overall annual nominal inflation of 10%, split across all applications
(2) Stable Yield staking rate threshold of 30% (above which the Stable Yields mechanism kicks in)
(3) Stable Yield anti-dilution constant of 0.5 (only relevant if the staking rate < 30%)

Two options in this proposal:
1. Yes, I support the StableYield+ reward mechanism
2. No, I don't support the StableYield+ reward mechanism

Keep Snapshot: 
https://snapshot.org/#/keepstakers.eth/proposal/0x9e060a6e15d7f8c6a138f78dc214c2b098065f8ca46a377be392d5224b1c4118

NuCypher Snapshot:
https://snapshot.org/#/nudao.eth/proposal/0x1f2863968999103564fcb74161aaae4a9040e46662de267bb43ced94ca9bf40e

Community Snapshot Time. What's the snapshot for. Threshold network's primary reward mechanism and surrounding architecture.