Staking in the Governance System

Neuron

By staking ICP inside Network Nervous System (NNS) neurons, token holders can participate in network governance and earn voting rewards. Withdrawing the ICP requires a notice period configuration called a “dissolve delay,” which refers to the timespan until the neuron is dissolved and the tokens are unlocked. Dissolve delays can always be lengthened, but can only be reduced in real time. A neuron’s voting power and corresponding voting rewards are proportional to the quantity of staked ICP, the amount of staked maturity, the length of its dissolve delay, and the amount of time that passes before the neuron begins to dissolve, which is its “age.” You can use the NNS dapp to create and manage neurons, as well as vote on proposals.

Actual dissolve delay

0 years

* Voting reward percentages change dynamically over time and depend on the number of ICP token holders participating in network governance, as well as the dissolve delay and age of their neurons.

The Wenzel known neuron is configured to follow a large number of people who are known to actively review the technical topics in which they specialize. These Followees are chosen because they are known to be reliable, credible, and sensible in their voting decisions and having a large group cast the vote for the Wenzel neuron is in the long term best interest of the internet computer. Wenzel actively monitors reviews and votes cast by the the Followee selections he makes for this neuron in the same way that he has always done for the last 4.5 years as the founder and manager of the Synapse and CodeGov known neurons. The goal is to let a large group of people who are public about their governance decisions cast the vote for the Wenzel neuron and to actively manage the known neuron configuration to ensure reliability.

Voting History*

* Partial voting history