Staking

What is Staking

Staking is the primary value accrual strategy of Gryphon Dao. Stakers stake their GRP tokens on Gryphon Website to earn rebase rewards. The rebase rewards come from the proceed from Bond Sales, and can vary based on the number of GRP staked in the protocol and the reward rate set by monetary policy.

Staking is a passive, long-term strategy. The increase in your stake of GRP translates into a constantly falling cost basis converging on zero. This means even if the market price of GRP drops below your initial purchase price, given a long enough staking period, the increase in your staked GRP balance should eventually outpace the fall in price.

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