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Staking

Overview​

To participate in PWN DAO governance, you must stake your PWN tokens. The staking mechanism is designed to encourage DAO members to make long-term commitments. You can manage your staking positions at stake.pwn.xyz.

By staking your PWN tokens, you gain:

  1. Voting Power: The longer you stake your PWN tokens, the higher your voting multiplier becomes. You can review detailed voting multiplier information [here](/PWN DAO/pwn-dao.md#staking-and-voting-power).
  2. Potential Future Fee Sharing: If approved by PWN DAO, stakers will receive a portion of collected fees.

Important Note: In this context, staking functions more like a token-locking mechanism. When you stake:

  • You do not risk losing your tokens
  • You do not earn interest on staked tokens

Epochs: Understanding PWN DAO's Timeframe​

PWN DAO operates on an epoch-based system:

  • Each epoch is exactly 4 weeks long
  • Staking actions (creating or extending positions) take effect in the following epoch
  • The countdown to the next epoch is displayed in the top right corner of the staking UI

Additional Resources​

For comprehensive details about staking and voting power mechanics, please visit the [Staking and Voting Power documentation](/PWN DAO/pwn-dao.md#staking-and-voting-power).

PWN Staking UI Guide​

The PWN Staking UI provides a comprehensive overview of your staking positions, vesting positions, and unstaked PWN tokens.

Vesting positions are special case, you can read more about them here.

Top Bar Overview​

Key metrics in the top bar include:

  • Total PWN Tokens: Sum of staked, vested, and unstaked PWN
  • Idle Tokens: Unstaked PWN tokens available for staking
  • Vested Tokens: PWN tokens locked in vesting positions
  • Staked Tokens: PWN tokens locked in staking positions
  • Current Voting Power: Voting power in current epoch
  • Voting Multiplier: Weighted average voting multiplier of all your staking positions
  • Time Until Next Unlock: Countdown to when you can claim your next staking position

Cumulative Voting Power Graph​

This graph displays your cumulative voting power over time, from the current epoch to the last epoch where you maintain voting power. Changes in voting power are highlighted on the x-axis.

Staking and Vesting Positions Table​

The positions table offers insights into your token positions:

  • View all staking and vesting positions
  • Claim unlocked PWN tokens
  • Upgrade vesting positions to standard staking positions

Upcoming Staking UI Features​

New features will be added to the Staking UI soon. These features include:

  • Creating new staking positions
  • Extending existing stake positions
  • Increasing stake amounts
  • Claiming unlocked staking positions

Need to modify your staking positions sooner? Reach out on Discord.

Understanding Vesting Positions​

Vesting positions are designed for early investors with token locks shorter than one year. These positions differ from standard staking in key ways:

  • No Voting Power: Vested tokens do not generate voting influence
  • No Fee Shares: Vested tokens do not earn potential fee distributions

You can choose to upgrade your vesting position to a standard staking position to get the benefits of a staking position.

How to upgrade vesting position to staking position:​

  • Click the "Upgrade to stake" button in the positions table
  • Both minimal and default lockup duration is 1 year, starting from the next epoch
  • For custom lockup durations, contact the team on Discord