Staking and Voting
Staking keys is a core part of the protocol, enabling keyholders to govern the Trading Fund and receive their share of the profits.
CRITICAL RULE: The 24-Hour Lock
You must be staked for more than 24 hours to be eligible for:
- Voting on distributions
- Receiving your share of a distribution
If you are not staked for >24hrs when a distribution occurs, you will receive nothing.
Staking Mechanics
Staking
Keyholders can stake their keys using the /stake command.
- Command:
/stake(stakes all keys) or/stake 2 keys(stakes specific amount). - Activation Time: Eligibility for voting and rewards begins 24 hours after the moment you stake.
Unstaking
Keyholders can unstake their keys instantly using the /unstake command.
- Command:
/unstake(unstakes all keys). - Consequence: Unstaking immediately revokes your voting power and resets your eligibility timer. Your votes will automatically revert to "Hold".
Voting & Distribution Process
The Trading Fund distribution is a community-driven event. It does not happen automatically; the keyholders must vote for it.
1. Voting
Eligible keyholders (staked >24hrs) can cast their vote using the /vote command.
/vote distribute: "I want to close open positions and take profit now."/vote hold: "I want to keep the funds trading." (Default state)
Note: Once you vote, you cannot change your vote for another 24 hours.
2. The Majority Threshold
A distribution is triggered only when a supermajority (2/3) of ALL keys (staked + unstaked) vote to "Distribute".
- This high threshold ensures that distributions only happen when there is strong consensus among keyholders.
3. Distribution Event
The moment the 2/3 threshold is crossed:
- Trading Stops: All open positions in the Trading Fund are immediately closed.
- Fees: Performance fees are paid to the Creator and Protocol.
- Reserve: 10% of the remaining funds stays in the Trading Fund to seed further trading.
- Payout: 90% of the remaining funds (after fees) are distributed proportionally to all keyholders who were staked for >24 hours.
Important: Users who were unstaked or staked for less than 24 hours at the moment of distribution receive 0 rewards.