[TIP-4] Proposal for Execution of TALK Staking Reward Budget
Background
Talken aims for decentralized governance and has made the expansion of the TALK token's practical utility a core objective. Previously, there has been a lack of a concrete incentive structure for TALK holders to participate long-term or contribute to the ecosystem. Accordingly, the newly introduced TALK Staking will serve as an important means to strengthen the incentive for long-term TALK holding and promote continuous community participation. Through staking, TALK holders can receive TALK rewards, providing an opportunity for passive income while also contributing to the stability of the circulating supply for a period.
Proposal
- This proposal requests the execution of the staking reward budget for TALK holders who participate in the staking program.
- TALK Staking will operate on Ethereum-based TALK. Each week, an amount of TALK, equivalent to approximately 20% APY of the total staked TALK volume, will be allocated to the reward pool. Within this reward pool, individual rewards will be distributed such that users who have staked for longer durations will receive a larger proportion.
- The service will be developed using internal resources from the Talken team, with no additional development budget required. Service Overview
TALK Staking is a smart contract-based service allowing Talken Wallet users to deposit their TALK and receive rewards for it.
Key Features:
- Staking Participation: Users can deposit their desired amount of TALK through the menu within Talken Wallet. . Reward Structure: The total weekly reward amount will be an amount of TALK equivalent to approximately 20% APY of the total TALK quantity staked for that week. Of course, the actual total volume of TALK rewards to be distributed will vary depending on the staking participation volume of all users, so an accurate prediction is difficult at present. An individual's actual received APY may vary depending on their staked quantity and duration, and will be more favorable to long-term stakers. . Rewards can be claimed in TALK on a weekly basis. . Rewards will be disbursed from the Talken DAO Treasury.
- Staking Period: Deposits can be made for a maximum of 105 weeks (approximately 2 years). Unstaking conditions and reward collection methods will be detailed in the User Interface (UI).
- Transparent Operation: All deposit and reward histories will be transparently managed through smart contracts on the Ethereum mainnet.
Expected Benefits
- Providing incentives for long-term holding of TALK tokens.
- Expanding community participation and activating governance.
- Driving service activation through an attractive APY (approximately 20%) and a structure that favors long-term stakers.
- Expanding key features within Talken Wallet.
- Enhancing ecosystem trust through transparent execution from the DAO Treasury.
Decision Request
Governance token holders are invited to vote on whether to approve this budget proposal for TALK Staking. This decision is critical to the successful launch and adoption of Talken’s staking service.
Community Participation
- Discussion Period: Open for 1 week via . Telegram: https://t.me/talken_io/105437 . Discord: http://bit.ly/41ou5j1
- Voting Period: After the discussion phase, a 1-week voting period will begin on . Talken Governance: https://wallet.talken.io/web/governance . Snapshot: https://snapshot.box/#/s:talkenio.eth
We encourage all community members to participate in the vote and help shape the future of the Talken ecosystem.
Off-Chain Vote
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- Author
0x5090…3628
- IPFS#bafkreid
- Voting Systembasic
- Start DateMay 30, 2025
- End DateJun 06, 2025
- Total Votes Cast297.33K TALK
- Total Voters6
Timeline
- May 30, 2025Proposal created
- May 30, 2025Proposal vote started
- Jun 06, 2025Proposal vote ended
- Jun 06, 2025Proposal updated