[VIP-37] Remove Flagship Vaults without deposits

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Summary: VaultCraft aims to optimize its platform by removing Smart Vaults with less than $1K in deposits after 2 weeks. This proposal outlines the guidelines and rationale for this action, ensuring efficient resource allocation and maintaining platform integrity.

Value Proposition:

  1. Resource Optimization: Removing Smart Vaults with minimal deposits frees up resources and space on the platform, enhancing performance for active users.
  2. User Experience: Enhancing platform efficiency ensures a seamless experience for users interacting with VaultCraft, fostering trust and loyalty.
  3. Platform Integrity: By focusing on Smart Vaults with substantial deposits, VaultCraft upholds its commitment to providing high-quality, value-driven services, promoting long-term sustainability.

Implementation Plan:

  1. Guideline Establishment: Define criteria for identifying Smart Vaults with less than $1K in deposits after 2 weeks.
  2. Notification and Grace Period: Notify users of the impending removal of Smart Vaults if they fail to meet the deposit threshold. Offer a grace period for users to adjust their deposits or take necessary actions.
  3. Scheduled Removal: After the grace period, initiate the removal process for Smart Vaults that remain below the designated threshold.
  4. Communication and Support: Communicate the rationale behind the removal policy to users transparently. Provide support and guidance for users to understand and adapt to the changes.

Conclusion: In conclusion, implementing guidelines to remove Smart Vaults with less than $1K in deposits after 2 week aligns with VaultCraft’s objectives of optimizing resources, enhancing user experience, and upholding platform integrity. By focusing on Smart Vaults with substantial deposits, VaultCraft ensures efficient resource allocation and maintains a high-quality service environment for its users. This proposal sets the foundation for a more robust and sustainable platform, poised for continued growth and innovation in the decentralized finance (DeFi) ecosystem.

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