HomeCoinsBarnBridge (BOND)Pool 3 ends and DAO governance rewards begins. | by Troy Murray...

Pool 3 ends and DAO governance rewards begins. | by Troy Murray | BarnBridge | Feb, 2021

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Now that you have staked your BOND you will start accruing rewards from our DAO rewards pool. We have currently preloaded the pool with 610,000 that will run for 50 weeks. The amount of your BOND staked against the total amount of BOND staked will determine your percentage of the rewards. Below you can see the breakdown of the specs.

Our DAO staking contract is a new contract, distinct from the Liquidity Mining & Yield Farming contract system. This staking contract and rewards work in a continuous manner. So you stake for 5 minutes you get 5 minutes worth of tokens. You can come and go as you please. You will manually need to claim your reward tokens though.

We want to make it clear that the reason for the DAO to have rewards is to incentivize users to actually participate in the governance system. The best way to do that is by rewarding early participants with more influence in the governance system.

We also have received audits on the DAO which can be viewed here: Haechi & Quantstamp

We look forward to the launch of the DAO and having you all join in on the governance of the protocol.



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