Enhancing Decentralized User Experience on Vega through Restaking & USDT Utilization Options

[david40209]

Objective:
This proposal aims to present two community-driven enhancements for the Vega decentralized trading platform:

1. Automatic restaking of Vega staking rewards.
2. Direct utilization of USDT staking rewards within Vega, negating the need for withdrawal.
   Context:
   In the decentralized world of Vega, staking rewards serve as both an incentive and a testament to the community's active participation. Presently, community members must withdraw Vega or USDT rewards to further utilize or reinvest them. Simplifying this process can elevate the decentralized experience and promote active participation.

Proposed Enhancements:

-Automatic Restaking of Vega Staking Rewards

Functionality: Empower community members with an opt-in feature to automatically restake their Vega rewards.
Benefits:
-Leverage the power of compound interest, maximizing potential decentralized returns.
-Streamline community interactions with fewer manual transactions.
-Enhance network security through increased staking.
-Retention of Tokens within the Ecosystem: Encourages a self-sustaining decentralized economy, fostering consistent network growth.

-In-Platform Utilization of USDT Staking Rewards

Functionality: Grant community members the ability to directly utilize their USDT rewards for decentralized trades or other on-chain activities without withdrawal.
Benefits:
-Seamless decentralized trading, fostering quicker community-driven financial actions.
-Minimize transaction costs linked to external withdrawals.
-Boost community engagement within the Vega platform.
-Retention of Assets within the Ecosystem: Solidifying the decentralized Vega economy by ensuring assets remain on-chain for longer durations.