Staking
Users can participate in staking through the Dymension Portal. By staking their tokens, users receive two key benefits:
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Fee Sharing: Stakers earn a pro-rata share of protocol fees, providing passive income based on their staking amount.
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Governance Rights: Staking grants users the ability to vote on protocol initiatives, allowing them to participate in the decision-making process and shape the future of the protocol.
Governance Voting
Stakers play a crucial role in the protocol's development through governance voting. Key voting powers include:
- Asset Integration: Stakers can propose and vote on new assets to be added to the protocol. Through text proposals, the community can indicate which assets should be prioritized for oracle integration.
- Protocol Parameters: Voting rights extend to other important protocol decisions, such as adjusting system parameters, upgrading contracts, or implementing new features.
All governance proposals and voting activities are conducted transparently through the portal, ensuring a democratic approach to protocol evolution.