3. Stake
3/1 Staking NED
By staking NED, stakers can obtain a certain compounded annual income, which comes from the front-end treasury bond sales, and is calculated according to the number of sNED (staked NED) and the reward yield in the protocol.
Stakeholders stake their NED on the NodeDAO front-end page to receive rewards (rebase reward). The rebase reward comes from the bond sales of the treasury, which is calculated according to the number of sNED (staked NED) and the reward yield in the protocol.
APY
The compound interest will make the customer's asset balance grow exponentially. The staking entry is in the Treasury page, as shown in the image below.
3/2 Staking NED to participate in governance
To participate in platform governance voting in contract insurance, a certain amount of NED needs to be staked. The staked NED protocol will be converted into GNED and deposited into the platform, and 1GNED will correspond to one vote;
Choose to become a claim adjuster, enter the staking page, choose to apply for staking, and enter the amount of NED to be staked. For more specific staking rules of NED, please refer to the page for details.
3/3 Deposit USDT to fund pool
NodeDAO fund pool providers provide liquidity for NodeDAO players, bear corresponding risks, and also obtain corresponding incomes. In order to avoid large fluctuations in the fund pool, the deposited funds will be locked for 30 days. The locking time will be reset to 30 days upon every new deposit. The fund pool provides liquidity for NodeDAO insurances. When users deposit USDT into the fund pool, they will get CPST/PPST as a certificate. The certificate will fluctuate in real time with the change of the income of the fund pool. After the lock-up period, USDT can be redeemed by the certificate.
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