Whitepaper of TheBestDAO
  • TheBestDAO Concept
    • 👫Introduction
    • 💸Main Objective
    • 🫴PoS service for Treasury
    • 🖥️TheBestDAO Validator
    • $TBDAO : Stakedrop
    • 🌊$TBDAOsol : Liquid staking
    • ✂️Halving of $TBDAO
    • 💰Buyback Concept
    • Staking of $TBDAO
    • 🙋$vTBDAO : Voting power
    • 🚀Next-Gen of Governance
    • 🔥DEGEN Proposal : Definition
    • ☝️DEGEN Proposal : Rules
    • 🐵DEGEN Proposal : Examples
    • 🤝Delegation of $vTBDAO
    • 🏆DEGEN Influencers Ranking
    • ✍️Governance : General Assembly
    • ⚖️Governance : Senate
    • Governance : Exit Condition
    • 👑Treasury Generation
    • 🏋️‍♂️$TBDAO Utility
    • 📈$TBDAO Price Support
    • 👌Conclusion
  • Tokenomic
  • Roadmap
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  1. TheBestDAO Concept

$vTBDAO : Voting power

PreviousStaking of $TBDAONextNext-Gen of Governance

Last updated 4 months ago

You can stake and lock your $TBDAO for the duration of your choice. In return, you will receive $vTBDAO, a non-transferable token that represents your voting power.

The amount of $vTBDAO received is directly proportional to both the staking duration and the amount of $TBDAO staked. It follows a simple formula:

y $TBDAO staked × z days locked = y × z $vTBDAO received.

The longer you stake and the more you stake, the greater your $vTBDAO allocation.

For example: if you stake 10 $TBDAO for 1 year, you will receive 3650 $vTBDAO.

The maximum locking duration is set at 1000 days.

Withdrawing your staked $TBDAO during a locking period incurs a penalty of 50% of the staked $TBDAO. This penalty will be directly transferred to TheBestDAO's treasury.

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