When you stake, you receive three benefits: qualifying for future rewards, participation in Zyfi’s DAO, and voting power. When you stake, you will automatically have the possibility to unstake, but there will be a 6-month vesting period for your initially staked tokens. For now, the standard vesting period is 6 months, but we plan to add 12- and 24-month vesting options as well.
If you wish to stop staking with Zyfi, you
will have to unstake and unvest your tokens. Once you choose the amount of stZFI you decide
to unstake, a linear unvesting period will start over 6 months. You will be able to claim
your tokens at any time but will have to wait a total of 6 months to obtain the full amount.
During this unvesting period, you will not have voting rights, receive any benefits, nor
have the possibility to participate in Zyfi’s DAO.
Example: You hold 1000 stZFI and
decide to unstake and unvest. A 6-month vesting period starts for your 1000 stZFI. Each
block, these tokens will be unlocked, after 1 month, you will be able to claim 166.66 ZFI
tokens.
You can decide to check our forum, make a proposal, and then vote on Snapshot. Zyfi’s DAO is handled by a set of multisig holders who execute what the community votes on based on signaling voting from the community.