We are gearing up to launch GIVpower!
GIV holders will be able to stake & lock their GIV to earn a yield & get GIVpower. They will be able to use this GIVpower to "boost" projects & Giveth, so that projects can get benefits on the platform.
We will be launching just the staking & locking side of GIVpower as an MVP within the next few weeks. This will look like a 100% GIV staking card in the GIVfarm. It will replace the existing 100% GIV staking cards that we have right now on Mainnet & Gnosis Chain.
GIVpower staking will only be available on Gnosis Chain. Stakers will be able to increase their APR by "locking" their GIV for a period of time between 1 round (2 weeks) & 26 rounds (1 year). The longer they lock, the greater their multiplier, to a maximum multiplier of 5.2.
We are proposing to allocate 7 million GIV from the token distro as incentives for GIVpower stakers within the first 6 months of the program.
More context on how these numbers were calculated can be found in this forum post.