FAQ
Last updated
Last updated
An anonymous group of experienced degens that believe in the ethos of free public infrastructure and community-based funding initiatives.
TBD per the cohmunity and subject to change per the DAO.
cOHM is freely tradeable on the open market, does not have any DAO governance power, and does not receive rebases. scOHM, or staked cOHM, is the DAOs native governance token, receives rebases (every 8 hours), and entitles holders to any additional value streams provided by governance initiatives.
Click the “” button on the leftmost panel within the cantOHM Dapp.
Make sure you are on the “Stake” tab within the popup in the center of the UI.
Enter the amount of cOHM you would like to stake.
Approve your cOHM for staking with one transaction by clicking the “Approve” button.
Stake your cOHM with an additional transaction by clicking the “Stake cOHM” button.
*NOTE: upon staking you will enter a two epoch “warm-up” period. Rebases still accumulate during this period, however you will not be able to vote on DAO proceedings during that time. If you stake more cOHM before exiting the warm-up period it resets AND IF YOU EXIT WARM-UP PRIOR TO THE TWO REBASE PERIOD YOU FORFEIT REBASES. After two rebases have passed you may exit the warmup period, claiming your scOHM tokens (now available to vote in the DAO).
Make sure you are on the “Unstake” tab within the popup in the center of the UI.
Enter the amount of scOHM you would like to unstake.
Approve your scOHM for unstaking with one transaction by clicking the “Approve” button.
Unstake your scOHM with an additional transaction by clicking the “Unstake scOHM” button.
*NOTE: upon unstaking, you will no longer receive rebases nor be able to participate in DAO governance.
There are no risks of impermanent loss or liquidation from staking cOHM, however the contracts are not audited and inherent smart contract risks apply.
Rebases do not need to be claimed, they accrue automatically. Staked scOHM can be unstaked at any time.
Users may wrap their scOHM to obtain wscOHM and still obtain rebases by using the “Wrap” button. This wrapped version may be used for governance purposes in lieu of scOHM.
Make sure you are on the “Mint” tab within the popup in the center of the UI.
Choose the LP or token you would like to bond with and click the “Mint” button next to it.
Make sure you are on the “Mint’ tab within the popup in the center of the UI.
Enter the amount of LP or token you would like to bond with.
Approve your LP or token for bonding with one transaction by clicking the “Approve” button.
Mint your bond with an additional transaction by clicking the “Mint” button.
*NOTE: upon minting your funds will be moved into the treasury and your cOHM rewards will vest linearly over 5 days.
Make sure you are on the “My Bonds” tab within the popup in the center of the UI.
Choose the bond you would like to redeem and click the “Redeem” button next to it.
Make sure you are on the “Redeem’ tab within the popup in the center of the UI.
Click the “Claim” button to receive cOHM or click the “Claim and Autostake” button to claim and stake your cOHM in one transaction (note autostaking will enter you into the staking warm-up period, if you already are in a warm-up period this will reset the timer).
*NOTE: cOHM can be claimed or claimed and autostaked at any time after the bonding process is initiated. However, this will be incremental as the total redeemable claim vests linearly over a 5 day period.
The backing price = (current value of the treasury) / (number of cOHM tokens in circulation).
Try clearing your browser cache and/or resetting your MetaMask.
Click the button on the leftmost panel within the cantOHM Dapp.
Click the button on the leftmost panel within the cantOHM Dapp.
Click the button on the leftmost panel within the cantOHM Dapp.