Staked Gov – stGov – is the easiest way to get rewards from Staker, a governance staking system.

stGov is a convenient liquid token wrapper on top of Staker. Governance token holders can stake their tokens for stGov. stGov automates claiming rewards and delegating governance power. It's like what stETH does for ETH staking.

• Stake governance tokens to receive stGov.
• Optionally, delegate the governance token voting power
• The stGov contract deposits the governance tokens in staker. stGov assigns the voting power to the holder's chosen delegate, if any. Otherwise, it assigns the voting power using the default delegation strategy
• The delegation strategy can be configured by governance. This keeps the default voting power aligned with the DAO and mitigates capture risk.
• The stGov contract claims Staker's rewards daily.
• The rewards are auctioned off for more of the governance token, which is added to each user's staked position. e.g. a balance of 100 stGov might grow to 100.5 stGov.

Holders can redeem their stGOV for the underlying governance token at any time.

For further documentation, see Tally's docs.

stateDiagram-v2
    direction TB

    state "LST Contract" as LST {
        state "Core Methods" as CoreMethods {
            direction LR
            stake: "stake()"
            transfer: "transfer()"
            unstake: "unstake()"
        }
        state "Owner Methods" as OwnerMethods {
            direction LR
            setPayoutAmount: "setPayoutAmount()"
            setFeeParameters: "setFeeParameters()"
        }
        state "Strategy Admin Methods" as StrategyMethods {
            direction LR
            setDefaultDelegatee: "setDefaultDelegatee()"
            setDelegateeGuardian: "setDelegateeGuardian()"
        }
        state "Searcher Methods" as SearcherMethods {
            claimRewards: "claimAndDistributeReward()"
        }
    }

    Stakers --> CoreMethods
    Owner --> OwnerMethods
    DelegateAdmin --> StrategyMethods
    Searchers --> SearcherMethods: "Distribute rewards"
    LST --> GovernanceStaking

To generate gas reports run the following command.

make gas

This will overwrite the gas report json, which can be checked in alongside changes to the core contracts to track impact on the gas used by important user actions.

Note that the gas report tests must be run with the --isolate flag in order to generate results that reflect reality.