In Berlin hackatom, B-Harvest implemented an interesting new msg type called msgchangedelegator.
Basically it enables any delegator to transfer his/her fraction of delegation to anyone. It can be explained as a “send” method of “delegation”
Both ownership and responsibility are also transferred to the delegation receiver, hence the security of the entire network does not change in a whole.
I expect staking derivatives product will be landed to our network no matter community like it or not, with bunch of complex decentralized mechanisms to make it work.
If it is inevitable future, why don’t we just allow transfer of delegation ownership in the core protocol to simply open the gate of various creative expansion of delegation ownership de-fi using the feature? With this new feature we dont need to work around for implementing staking derivatives. To put this in the protocol is the most direct way.
Of course it raises serious security concerns because delegators will have easy way to escape the responsibility of delegation before 21 days.
We want to start this hot debatable topic with our implemented feature at…