Staking

What is Staking

Staking is the primary value accrual strategy of God DAO. Stakers stake their $God tokens on God DAO Website to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of $God staked in the protocol and the reward rate set by monetary policy.

Staking is a passive, long-term strategy. The increase in your stake of $God translates into a constantly falling cost basis converging on zero. This means even if the market price of $God drops below your initial purchase price, given a long enough staking period, the increase in your staked $God balance should eventually outpace the fall in price.

When you stake, Your $God balance rebases up automatically at the end of every epoch. $God is transferable and therefore composable with other DeFi protocols.

When you unstake, you will forfeit the upcoming rebase reward. Note that the forfeited reward is only applicable to the unstaked amount; the remaining staked $God (if any) will continue to receive rebase rewards.