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A quick 101 "The What, Why, and How of $GLM"
Golem's 100k ETH treasury is staked, securing Ethereum and earning ETH staking rewards. These rewards support Octant.
Locking GLM isn't about holding it, it's how we determine your share of the ETH rewards and signal your funding power.
Here’s the deal:
• Lock your GLM in the Octant app.
• Earn daily ETH rewards.
• Rewards are distributed every 90 days, during the Allocation Window.
• That's when you decide: to keep them, donate them, or BOTH.
The Kicker 💥
The portion of the rewards not going to lockers, goes into our matching pool. Every allocation you make gets matched! Our last epoch, the average multiplier was 19x!!
The best part! 🤩
Your locked GLM remains untouched, earning you daily ETH while funding impact!
That's how Octant is sustainable, and you can be too!
P.S. This all happens on our app. We’ve got step-by-step vids there, or stick around for more 101s. ❤️ 1 reply
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