SAIL Utility & Staking
SAIL is for Governance
The DAO has voted to distribute the DAO Protocol fees (ETH/WBTC/USD) as "Real Yield" to those who stake SAIL to participate in voting and governance (similar to xSushi or veCRV tokens).
- For information on Protocol Fees, see:
SAIL and US Securities Regulation
- Following the airdrop, the Community proposed staking in the following proposal: AP: A Staking Program for Distribution of Clipper Revenues. Please note the provisions related to legal review therein.