Staking
Members of an Agora DAO need to stake their tokens to the DAO in order to gain governance power in on-chain Agora governance actions. A user's power in an on-chain Proposal vote is calculated by the amount of Governance Tokens they have staked to that DAO.
What happens to my tokens when I stake them on Clarity?
When you create a stake on Clarity, your tokens are sent to a validator which is generated and published on-chain at the time of your DAOs creation. When funds are sent to a DAOs validator to create a stake, information about the wallet that sent the funds is encoded on-chain so that only the stake's creator can redeem those tokens.
Can I unstake my tokens at any time?
Yes! The requirements to be able to remove funds from a stake are that:
You are using the wallet that created that stake.
Your stake has no locks on it.
Why do I need to send my tokens to a validator to vote?
By holding governance tokens in a validator, Agora is able to verify the exact vote results at any given time with 100% accuracy . Without the funds being held in a validator, Governance Tokens could potentially be sent around and used to double vote.
Last updated