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Fundamentals
The main terms you should know interacting with the SharedStake platform
Decentralized Autonomous Organization (DAO) is a virtual entity that has a certain number of members or shareholders who collectively determine where the organization will allocate funds and how its operations will be structured. SharedStake is a Decentralized Autonomous Organization and is governed by SGT holder votes in SIPs.
Staking is the act of depositing 32 ETH to activate validator software that keeps Ethereum secure for everyone.
SharedStake Governance Token (SGT) is the token for use in the SharedStake DAO and throughout SharedStake and DeFi partner products. 50% of the total supply is allocated for platform users with emissions spread over 2 years (Eth2 deployment).
vEth2 is the liquid representation of staked Ether. vEth2 is the token that earns additional yield compared to traditionally staked ether.
Uniswap is the first main exchange where you can swap ETH or other digital assets for SGT. You can also add liquidity to stake and receive additional yield.
Last modified 1yr ago