I see the community being greatly divided over the utility of ENS tokens recently. Just my two cents, but here’s an idea that might work for all, no matter what side you’re on:
To get a certain % off of registrations and renewals proportionally to the staked amount, excluding premiums.
I think a discount charge model could be favorable. It seems to have worked out well for the tokens of multiple CEXes so far.
This could be rightfully implemented by offering a choice to either lock [some of] your $ENS in a staking contract for a set period of time, OR use that same amount to vote on proposals.
A quick explanation here:
If the staked tokens can be used for both voting and discounts at the same time, it’s incentivizing squatters (which many of you deem unwelcome I assume).
If the staking isn’t fixed-term, anybody could buy $ENS up just to buy or renew a domain at discount, then dump it right away.
I know it isn’t much of a difference when one only wants to pay a year for a $5 domain, but hey, anything between 10-90% could make a difference in case of many years or 3-4 letter domains.
TL;DR: If somebody is a true believer of ENS and willing to stake hundreds, thousands, or hundreds of thousands of $ENS for a predetermined time period, they could be rewarded accordingly.
Any feedback is welcome. What do you guys think?