Staking, governance, and voting

Consensus Mechanism

Staking Stream tokens in a Staking Platform within the Stream Protocol ecosystem offers various benefits and opportunities for token-holders. The staking process allows users to gain profits from the liquidity pool and earn rewards in the form of Stream Tokens, USDC, or SOL. The amount of tokens received as rewards is influenced by the activity of the StreamDAO, staking activities, and ecosystem development.

Staking not only provides rewards from the liquidity pool but also grants token-holders the privilege of participating in governance activities. As a governance token, Stream tokens enable voting on project developments, ideas, and proposals within the StreamDAO. Token-holders can suggest changes, improvements, or additions to the ecosystem and collectively decide on the allocation of reserve Stream Tokens.

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Participate in voting activities:

To participate in voting activities, any amount of Stream Tokens can be staked, and there is no minimum requirement for voting eligibility. However, to propose governance DAO (StreamDAO) actions, it is necessary to have at least 0.05% of the total Stream tokens in the wallet.

The voting process typically involves proposals subjected to a voting period of 4-7 days, during which community members can cast their votes with their staked Stream tokens. The proposal that receives the majority of votes will be implemented subsequently. The time taken from the start of the voting process to the implementation can be around 7 days, but the exact time periods may vary based on voting activities.

To make a vote that counts, users need to follow these steps:

1. Staking Stream Tokens: Staking Stream tokens is done using the default currency within the ecosystem.

2. Voting for Projects: Users cannot vote for two projects with the same tokens. They are required to lock their stake for one proposal, and changing votes may lead to penalties.

3. Accessing Solana Realms DAO Platform: To place a vote, users can visit the DAO Platform, where different proposals will be listed. Users can select the proposal that aligns with their interests.

4. Reading Proposal Details: Before casting a vote, users should read the detailed description of the proposal to understand its implications fully. Discussions and further clarifications can be made in the governance Solana's Realm Platform.

5. Confirming the Vote: After selecting and reviewing the proposal, users can confirm their vote once they have staked their Stream tokens.

It's essential for users to stay updated with the voting process and participate actively in governance activities to contribute to the growth and development of the Stream Protocol ecosystem. The time periods mentioned for voting activities are estimates and are subject to change based on actual voting behaviors and activities within the platform.

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Further steps to make a vote that counts are highlighted below:

• Stream tokens are the default currency for staking.

• You can’t vote for two projects with the same tokens.

• You are required to lock your stake for one proposal. Changing your votes may be penalized.

• To place a vote, go to the Realms DAO Platform. Different proposals will be listed and you can select whichever suits your interest.

• Have a look at the proposal and read the detailed description before casting a vote. Discussions can be made and further clarification if necessary can also be made in the governance Solana´s Realm Platform https://realms.today/realms

• After selecting and reading through the proposal, you can confirm your vote after you have staked your Stream tokens.

*Time periods are estimates. Actual values are subject to change depending on the voting activities.