HIP 138: Update subnetwork governance suggestion (#1123)

A lockup duration of 1 year, as opposed to 4 years, is more appropriate for a subnetwork veHNT delegation, as it aligns with the potential time it might take a new subnetwork to come online, and accept delegations.

0138-return-to-hnt.md

@@ -96,7 +96,7 @@ Subnetwork governance remains in force, and this proposal doesn’t modify the e
 
 Eventually, as existing IOT and MOBILE tokens are redeemed through the treasury, a new method of assigning subnetwork voting rights will become appropriate. This proposal recommends that the Helium community enact a new mechanism through a separate HIP, decided by veHNT vote. As an example, the following method is suggested.
 
-A new form of veIOT and veMOBILE could be introduced, based on the delegation of veHNT to subnetworks. Instead of locking IOT and MOBILE tokens, delegators of veHNT could lock the delegation of their veHNT to a particular subnetwork, for a duration of between 0 and 4 years, similar to the existing lockup of the subnetwork tokens, thereby signaling their dedication to a particular subnetwork. In return, they would receive, on a linear scale, between 0 and 1 “new veIOT” or “new veMOBILE” for each veHNT whose delegation has been locked to that subnetwork. These new governance tokens could replace the existing subnetwork governance tokens when a sufficient number of them has been created.
+A new form of veIOT and veMOBILE could be introduced, based on the delegation of veHNT to subnetworks. Instead of locking IOT and MOBILE tokens, delegators of veHNT could lock the delegation of their veHNT to a particular subnetwork, for a duration of between 0 and 1 year, similar to the existing lockup of the subnetwork tokens, thereby signaling their dedication to a particular subnetwork. In return, they would receive, on a linear scale, between 0 and 1 “new veIOT” or “new veMOBILE” for each veHNT whose delegation has been locked to that subnetwork. These new governance tokens could replace the existing subnetwork governance tokens when a sufficient number of them has been created.
 
 However, in the interest of simplicity, this proposal leaves this decision up to further discussion by the community.