FAQ: Staking & DAO

Why stake $CGPT?

Staking serves four functions: (1) free, unlimited access to ChainGPT without spending $CGPT per request; (2) businesses/developers commit a pool of $CGPT as purchasing power for ChainGPT API requests; (3) access to the ChainGPT DAO; (4) accumulate tier points to access ChainGPT Pad.

What is the ChainGPT DAO and why join?

The ChainGPT DAO is a community organization that contributes to the protection, governance, and development of ChainGPT. Join to help steer development, vote, influence the $CGPT treasury, and connect with other AI enthusiasts.

How do I become a DAO member, and is there a minimum?

Stake $CGPT (https://staking.chaingpt.org/) then join the DAO forum (https://dao.chaingpt.org/#/). All you need is 1 $CGPT to become a member. Voting-power details: https://docs.chaingpt.org/cgpt-token/dao-governance.

What do I need to create a DAO proposal?

You need 200,000 voting power (CGPTvp / CGPTsp), acquired through staking. To submit, go to the DAO forum, click "new proposal", and fill in the required fields.