SAIL Utility & Staking
SAIL is for Governance
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SAIL is for Governance
Last updated
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Staking
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).
The staking contracts are currently under development. To suggest specific mechanics (e.g. vesting) join the (you must first acquire SAIL for access) in the . To receive updates, follow on .
Related Information:
For information on Protocol Fees, see:
How (it captures excess returns above the benchmark).
View Protocol Fees on .
The magnitude of the opportunity: See (and if you believe volumes matter more, here’s how to ).
DEX traction:
Positive organic returns for LPs: and
SAIL and US Securities Regulation
AdmiralDAO studied the US regulatory landscape at issuance explained its analysis in
Following the airdrop, the Community proposed staking in the following proposal: . Please note the provisions related to legal review therein.