Governance Staking - sign up
By - JCFishing2000
There will be a window of time in which you can commit, but there will be an exact date for when the period ends.
If I remember correctly from the all hands, the first period will end Dec. 29th.
Wouldn’t someone be better off to commit the last couple of days so they can continue to receive participation rewards and have a larger governance staking?
Will governance be paid out daily or all at once?
Governance will be paid out all at once at the end of the period. This garuntee's you are committed and that you keep 'Skin in the Game'
Very exciting. Curious to see the amount of people who enter governance but end up not sticking through the whole 3 months.
Same. Hopefully the foundation will announce how many algos were committed, so we know a floor level APY to expect without users failing to comply. Others failing to comply will only increase the APY even more.