- Is the staking managed by a smart contract? No, when you stake your Meebit to activate your voting, you are transferring it to a multisig wallet
- How safe is the staking of my Meebit? It's very safe. You are simply transferring your Meebit to a multisig wallet where more than one vote is required for any interaction (transfer etc.) of the assets. Also, we the Steering Committee members (Kai, Bart, Mark) put our money where our mouth is: we went first in staking our Meebits
- Why are you asking me to stake?
- Staking is how Founders demonstrate their long-term commitment to building the Meebits Ecosystem and their support of the DAO. This is our collective 'skin in the game.'
- How long is the staking lockup for? Staking is for 12 months. However, you can end your staking (and terminate your voting power) at any time
- Can I reverse the staking? Yes, you can reverse your staking and reclaim your Meebit at any time. There's a section on the web site for this
- Can I stake more than one Meebit to multiply my voting power? Not yet, but we plan to add this in the coming months