Token Utility
Last updated
Version-v1.4.0 (current)
Last updated
OBOL Token holders delegate their voting power to delegates who participate in the Token House decision-making processes. This includes voting on proposals affecting the Obol Collective’s direction, upgrades, and funding allocations. Read more about the Token House here.
Token holders delegate their voting power to Delegates, who vote on the projects eligible for retroactive funding. Read more about the Obol RAF here.
As per, OBOL token holders will have the opportunity to stake their tokens, contributing to the security and stability of the Collective by preserving governance while earning rewards and being able to engage in DeFi. Staking involves depositing OBOL tokens in a vault (without lockup) that automatically delegates the Tokens if not done already. In return, stakers receive stOBOL, which automatically accrues OBOL Tokens as rewards as it's price vs OBOL increases.
This staking program will be implemented in phases, allowing the community to gradually engage in and benefit from the system while reinforcing the decentralization of the Obol Collective. For the first six months, the total rewards will be 0.33% of the total supply, providing early participants with attractive rewards. After this period, the staking rewards may be adjusted based on governance proposals and market conditions. This structured rollout ensures a sustainable and rewarding staking experience while reinforcing the decentralization of the Obol Collective.
Starting Wednesday, May 7, 2025, OBOL holders can begin staking their tokens to participate in Obol governance and help secure the network.
To get started, simply visit and follow the staking flow — no technical setup required. The interface will guide you through selecting your wallet, choosing the amount to stake, and submitting the transaction.
Plans are in place to launch several DeFi avenues for the OBOL Token post-TGE, such as liquidity pools, lending protocols (e.g. Morpho) and restaking (e.g. Eigenlayer, Symbiotic).
Via Token House governance proposals in the , the Obol community can add more functionality and utility to the OBOL Token.