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Staking

Token holders can stake their NUMS in the vault to participate in protocol governance. Staking converts NUMS into vNUMS, a share token that represents your position in the vault and grants you voting power over proposals, parameter changes, and treasury decisions.

Token

vNUMS is the vault share token. It is a standard ERC-20 with integrated voting functionality. When you deposit NUMS into the vault, you receive vNUMS in return at the current exchange rate. This token is fully transferable—you can hold it, trade it, or use it in DeFi protocols.

The vNUMS/NUMS exchange rate starts at 1:1 at protocol launch. Over time, if withdrawal fees are introduced by governance (see Fee below), the exchange rate can shift in favor of remaining holders—meaning each vNUMS may become redeemable for more than one NUMS.

Voting power

Your voting power is determined by your vNUMS balance at the time a proposal is created. The more vNUMS you hold, the greater your influence over governance decisions.

Voting power applies to all proposal types: game parameter changes, treasury allocations, protocol upgrades, and any other action submitted to the Governor contract.

Considerations

See Votes — How to participate for the full step-by-step guide to staking, delegating, and voting.

  • Delegation is required: simply holding vNUMS is not enough. You must delegate your voting power (even to yourself) for it to be active. See Votes for details.
  • Voting power is not retroactive: only balances at proposal creation time count. Acquiring vNUMS after a proposal is created does not grant voting rights on that proposal.
  • There is no minimum stake to vote, but there is a proposal threshold to submit proposals (see Votes for details).

Fee

There is no fee associated with entering or exiting the vault. You can stake and unstake freely, with no lock-up period and no minimum duration.

However, the DAO has the ability to introduce a withdrawal fee through a governance vote. If such a proposal passes, a fee would be applied when unstaking vNUMS back to NUMS. The collected fees would remain in the vault, mechanically increasing the vNUMS/NUMS exchange rate for remaining holders.