Staking

Summary of staking DHT

Staking dHEDGE Token (DHT) enables certain benefits, including receiving voting power to participate in dHEDGE governance and being eligible to receive capital rewarded on a weekly and quarterly basis.

To stake DHT, head to app.dhedge.org/rewards/staking. You will see this:

To participate, enter an amount of DHT to stake as well as a lockup period. The lock-up period can range from 1 month to 3 years. The longer you lock up, the higher your governance and earnings power. Governance influence and earnings power are measured by vDHT.

DHT stakers will be able to make other governance decisions regarding the dHEDGE protocol by voting on our Snapshot page: gov.dhedge.org.

How vDHT Works

  • vDHT is based on staked DHT * lock-up time

  • vDHT decays linearly over time

  • For example, a user locking-up DHT for 10 months instead of 1 month will have 10 times as many vDHT

  • User can increase amount of DHT locked at any time as well as increase the lock-up time

This is a visual representation of the governance and earnings power as a function of time locked:

vDHT declines linearly as lockup time goes to zero. Your governance and earnings power is calculated as vDHT/(Total vDHT).