The OBOL Token is central to the governance and operation of the Obol Collective. It serves multiple purposes that are essential to its functioning.
OBOL Token Transferability: With the approval of OIP-2, the OBOL Token is set for a strategic and well-planned unlock. The tokens will be unlocked on the 7th May 2025 at 11:00 UTC, following the completion of centralized exchange listings. Please go to claim.obol.org to unlock airdrop tokens.
Purpose: This is the base layer of the Obol staking system. It facilitates the basic mechanics of staking, such as managing deposits, forwarding governance delegation, and streaming rewards based on earning power.
What you can find onchain:
Total OBOL staked in the contract
Stake, earning power, rewards and balances on a granular, per-deposit basis
Purpose: A liquid ERC-20 representation of staked OBOL built on top of the Obol Staker. It adds features like transferability, reward auto compounding, and the ability to use a staked OBOL position in other protocols. Holders retain the ability to delegate their staked tokens to the governance delagate of their choice.
What you can find onchain:
ERC-20 metadata (name, symbol, decimals)
Total supply and balances
Transfer history
Allowances / approvals
Voting power interface (via getVotes and delegates)
Purpose: Implements the “Overwhelming Support” auto-delegation strategy. This contract casts votes on behalf of un-delegated or transferred stOBOL when proposals receive strong community support. This mechanism uses tokens that would otherwise not be available in governance to ensure uncontroversial proposals will meet quorum.
What you can find onchain:
Parameters like supportThreshold, subQuorumBips, and votingWindow
Proposals voted on by the strategy
Vote power amounts cast
Event logs showing execution activity
Wallets or protocols interacting with auto-delegation logic
