Complete Overview of WYND Staking and Voting Power

Staking Rewards and Voting Power

WYND DAO emphasizes long-term growth and sustainability. We wish to encourage commitment to the protocol. Especially when it comes to who is making the governance decisions to foster longer-term planning over short term profit seeking. Thus, we have implemented multiple unbonding periods.

Users can stake any denomination of their $WYND with an unbonding period of 1, 3, 6, 12, or 24 months. The longer the unbonding period, the greater the multiplier for both staking rewards and voting power. Users cannot vote on proposals that were submitted on-chain before their initial stake.

The rewards rate and voting power weights by unbonding period are as follows:

Staking in the 2 year unbonding period gives you 10x the rewards of 1 month unbonding period. 1 month of staking rewards in 2 year unbonding equals 10 months of staking rewards in 1 month unbonding.

The length of unbonding does not impact the frequency of reward distribution. All rewards for all tiers are distributed hourly and can be compounded up to 24 times per day.

With such significant unbonding periods, does this mean there will be no rewards and voting power once you unbond?

Rebonding

With these diverse unbonding periods in mind, the WYND DAO is creating a new innovation called ‘rebonding’. Delegators will have the ability to rebond to a longer or shorter unbonding period without needing to fully unbond first. You can immediately increase the unbonding duration and begin receiving the corresponding voting power and rewards of the longer period. For many, the more interesting rebond is to shorter time periods. Instead of needing to wait for WYND to unbond with no rewards nor voting power for the entire unbonding period, you can rebond to a shorter period.

Why is this important?

Beyond selecting a bonding period that aligns with your expectations and risk tolerance, securing voting power on WYND DAO can have impacts across other zones within the Cosmos Ecosystem.

Each multichain DeFi protocol the WYND DAO launches will leverage the $WYND token in a useful and impactful manner. Governance on WYND DAO is incredibly important and powerful in shaping the future of these protocols and more. There is a strong purpose for every kind of user to participate in governance. For example:

• For validators, having high voting power on WYND can have a real impact on how much their delegated stake grows over time, as WYND voting power can be used to secure their position in the basket of validators and the amount delegated from the WYND contracts, such as staking derivatives.
• For retail users, charities, and NGOs who are environmentally focused, participation in on-chain governance can determine which environmental projects are selected for funding.

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