SECTION 3 : “DAO”
The DAO section.
The DAO section in https://smartdollar.finance/ give you the opportunity to “ STAKE “ SD and earn SD based on a DAO APY.
To participate in the DAO your SD STAKE has to go through 2 phases, STAGED & BOND.
Staged = Where the users wait to withdraw.
Bond = Where the users earn SD reward in auto-compound.
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Reward : The DAO-SD rewards are going to be added to the users initial SD STAKE, update every EPOCH approx, users are going to be able to see the initial stake grow.
Withdraw time lock : If the DAO-users wants to withdraw, your SD STAKE has to wait 36 EPOCH (HOURS) in the STAGED phases to be able to withdraw.
How to participate to DAO Tutorials :
Warning: Any bond/unbond activities will restart the lockup timer! If you unbound , you will have to wait for 36 epochs to be able to withdraw.
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