People's Voice DAO
  • 🖌️Getting started
  • INTRODUCTION
    • ☀️Overview
    • 🏆Live-events & Bounties
    • 🪙Tokenomics
    • 🎤Reporting: How it works
    • ⚖️Voting
    • 🛣️RoadMap
    • ⏳Time-locking $Voice
    • 📄Whitelist Advantages
    • 🖼️Voice NFTs
    • 🏦DAO Treasury
    • 🛠️Uses Cases
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  • Emergency Unstaking
  • Over-locked
  1. INTRODUCTION

Time-locking $Voice

By time-locking your $VOICE tokens, users can earn interest, with returns fueled by the revenue accrued from Leaderboard Prizes.

Time-locking stakers generates value from stakers to non-stakers by reducing the circulating supply of $VOICE in the free markets. The reduced supply causes positive pressure on unstaked coins

Emergency Unstaking

If you choose to perform an emergency unstake before your deposit term is fully completed, you will incur a fee. This fee is calculated at a 1:1 ratio based on the percentage of the term that remains unfulfilled at the time of unstaking.

  • For instance, if you've completed 80% of your staking contract and decide to perform an emergency unstake, you will be charged a fee equivalent to 20% of your staked amount.

In the event of an Emergency Unstake, it's important to understand that the DAO is unable to retrieve any funds under any circumstances.

Over-locked

When a user's time-lock staking period concludes, they are required to withdraw their coins from the staking pool rather than leaving them locked. Remaining locked in the pool leads to increased gas fees and reduced returns for other participants. Therefore, a grace period of two weeks is provided. Post this period, a penalty of 1% per week will be imposed on the remaining funds until they are withdrawn or depleted to zero.

The penalty incurred from Emergency Unstaking and is distributed as follows:

  • 30% to other Time-Lock Stakers.

  • 30% to The DAO Treasury.

  • 40% to the Foundation.

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Last updated 1 year ago

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