Quick Guide
Staking in VirgoDAO is simple and rewarding. Here’s everything you need to know—quick, clear, and easy!
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Staking in VirgoDAO is simple and rewarding. Here’s everything you need to know—quick, clear, and easy!
Staking with Messier DAO is different from traditional staking models that use fixed rates like APY or APR. Instead, your rewards depend on how much and how often the DAO invests. The bigger and more frequent the investments, the higher the rewards for stakers.
VirgoDAO has two types of stakers:
Who They Are: The top 87 stakers.
What They Do: They create new investment proposals.
Who They Are: All other stakers.
What They Do: They vote on proposals made by Pōwehi members.
After the DAO approves an investment, rewards are given out like this:
12.13% of the tokens bought go to all stakers in the MTT pool (including NFT holders).
0.87% goes only to Object NFT holders in the MOTT pool.
Stakers who stay committed for 10 investment proposals in a row become Dark Listed and qualify for extra rewards during the Supernova Event.
First Reward Distribution:
13% of non-ETH tokens in the treasury are distributed:
12.13% to Dark Listed stakers
0.87% to Object NFT holders
Second Reward Distribution:
Remaining tokens are sold for ETH.
87% of the ETH goes back into the treasury.
13% of the ETH is paid as extra rewards:
12.13% to Dark Listed stakers
0.87% to Object NFT holders
Stay staked through all 10 proposals in a cycle, and you’ll become Dark Listed, making you eligible for Supernova rewards.
Ready to earn rewards?
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