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 Gold DAO project represents a groundbreaking fusion of traditional gold and modern blockchain technology, allowing anyone in the world to access physical gold instantaneously, with no dependence upon the banking system. At its core, the project introduces two primary products: the Gold Token (GLDT) - a fungible token allowing fractional gold ownership; and a USD-pegged stablecoin (USDG) - backed by gold (GLDT). These components combine to unlock a reliable alternative to fiat-backed stablecoins and their inflationary underpinnings, eradicating the limitations of traditional gold transacting by enabling instant transferability and liquidity, leveraging blockchain's transparency and efficiency.

Voting History*

* Partial voting history