Staking

In BlobDAO, staking your BLOB tokens allows you to earn a proportionate share of the treasury income. This page explains how staking works in BlobDAO, including how to stake, claim income, and unstake your tokens.

What is staking?

Staking is the process of participating in the BlobDAO network by locking up your BLOB tokens. When you stake BLOB, you receive Blob Share in return, which determines your ownership of treasury income and also serves as governance tokens within BlobDAO.

Staking Warm-Up Period

To enhance the security of the BlobDAO network and to prevent exploitation, we have instituted a 4-day staking warm-up period. This means that after you stake your BLOB tokens, there is a 4-day waiting period before you start receiving Blob Shares and thus start receiving rewards from the treasury income.

Auto-Compounding

One of the unique features of BlobDAO's staking system is the auto-reinvest feature. This means that the treasury income rewards you earn can be automatically reinvested. Automatically increasing your share of the treasury revenue, which could lead to the exponential growth of your earnings over time.

Governance Power

By staking BLOB tokens and receiving Blob Share, you are also gaining governance power within BlobDAO. As a holder of Blob Share, you will be able to participate in the decision-making process within BlobDAO, influencing the direction of the project.

Unstaking

If at any point you decide to unstake your BLOB tokens, you can do so. However, keep in mind that unstaking will reduce your governance power, and forfeit your future rewards from the treasury.