Polydotum’s RFC-0092 suggests decreasing the unstaking time from 28 days to only two – a highly user-oriented approach that, however, doesn’t compromise the network’s security.
The Web3 Foundation (W3F) released RFC-0092, which includes shorter unbonding durations for staked tokens on Polkadot with a view to enhance liquidity and move individuals.
This proposed mechanism says that the unstaking time will be reduced from 28 days to two while focusing on the user experience and positioning of the platform in the market along with strong security measures will be implemented.
“The new mechanism leads to a significantly reduced unbonding time on average, by queuing up new unbonding requests and scaling their unbonding duration relative to the size of the queue.”
Proposed Overhaul: Keeping Unstaking Periods Short for Increased User Convenience
The W3F-proposed mechanism only includes an unbonding system that can queue as well as modify the unbonding time depending on the length of the queue to maintain the balance and efficiency of the network.
If approved, the proposal will allow for decreasing the minimum duration to two days during no queue density, which is beneficial for user choice on the Polkadot network.
The system makes it possible for unbonding times not to go beyond the current standard of 28 days, which allows users a more efficient unstaking process.