How to Stake $KREDO for Governance
$KREDO is not just a token; it's a coordination tool for the authorization economy. By staking $KREDO, you gain the right to vote on the policies that govern the protocol.
Why Stake?
- Direct Protocol Control: Vote on global spending limits and new liquidity pools.
- Earn Rewards: Receive a portion of protocol fees for active governance participation.
- Secure the Network: Staked tokens help secure the proof verification layer.
Step-by-Step Guide
- Acquire $KREDO: Available on major exchanges.
- Navigate to Governance Portal: Go to
gov.kredo.finance. - Deposit to Staking Contract: Lock your tokens for a chosen duration.
- Delegate: Assign your voting weight to yourself or a trusted delegate.
Your First Vote
Once staked, look for active proposals (KIPs). Read the documentation, discuss in the forum, and cast your vote on-chain.