Introducing stOBOL - Stake, Govern, and Earn Seamlessly
Today, we’re excited to introduce stOBOL (Staked OBOL) — the next evolution of the OBOL token and a powerful new way for the Obol Collective to align staking, rewards, and governance into a single seamless experience.
This launch comes after a Governance vote (OIP #1) where OBOL delegates voted in favor of introducing this staking mechanism. The proposal passed with strong community support, and now stOBOL is live!
With the launch of stOBOL, powered by Tally, we’re solving one of the most common problems in token-based communities: the tradeoff between staking and governance. Until now, token holders often had to choose — lock up their tokens to earn rewards, or keep them liquid to participate in governance. This forced choice weakened participation and concentrated power over time.
stOBOL changes everything.
Now, with stOBOL, OBOL Token holders no longer have to choose between earning rewards, participating in DeFi and participating in the future of the Obol Collective. You can do both — automatically, effortlessly, and on your terms.
What is stOBOL?
stOBOL is a liquid staking governance token built specifically for the Obol Collective. When you stake OBOL through the Tally platform (stake.obol.org), you receive stOBOL — a yield-bearing token that represents your staked position while preserving your full governance power.
This means that while your Staked OBOL earns rewards, you can still vote on proposals, delegate to trusted Obol Collective Delegates, and/or participate directly in the collective’s decision-making. You can even use stOBOL in DeFi protocols, lending markets, or anywhere OBOL is integrated!
Most importantly, stOBOL makes participation effortless. There are no lockups, no complicated mechanics, and no tradeoffs between staking and governance. Just stake, govern and earn - seamlessly.
How Does It Work?
Staking OBOL for stOBOL is simple. All you need to do is connect your wallet to the Obol Governance Portal on Tally (stake.obol.org), stake your OBOL, and receive stOBOL in return. Over time, staking rewards accrue automatically, increasing the value of your stOBOL.
This means that even without claiming or restaking rewards manually, your stOBOL balance grows — auto-compounding your rewards directly into your governance-enabled token.
When you’re ready, you can redeem your stOBOL at any time to withdraw your original OBOL Tokens plus the staking rewards. No waiting periods. No penalties. Complete flexibility.
Rewards Designed for the Collective
To kick off the program, the Obol Collective decided to give a 0.33% (1,650,000 OBOL Tokens) of the total OBOL supply to staking rewards over the first six months. These rewards are streamed block-by-block and automatically added to stOBOL holders — creating an early incentive for participation and growth.
FAQs
Who is Tally?
Tally is a decentralized governance frontend that takes the complexity out of governance and allows users to focus on driving value.
From which platforms can I stake for governance?
The only platform where staking for governance is possible is on Tally. Be vigilant and make sure the final end URL address always matches https://www.tally.xyz/gov/obol.
Can I unstake my tokens?
Yes, you can unstake your tokens by choosing yourself as the delegate. This will restore all the voting power to your address.
How is the staking for governance process managed?
The entire process is managed on-chain using smart contracts.
You can learn more about the OBOL Token and governance in the official docs: https://docs.obol.org/community-and-governance/obol-token
Can I stake only a portion of tokens in my wallet?
No, only the entire amount of tokens in your wallet can be staked.
When staking and choosing a delegate, can I change the delegate?
Yes, you can change your desired delegate at any time.
Is there a cool-down period when changing delegates?
No, there is no cool-down period.
Are delegates paid?
Currently, there is no financial compensation for delegates. The community is responsible for switching this on and defining compensation strategies.
Do I earn yield by staking for governance?
Yes, the initial total rewards is 0.33% of total supply for the first six months
Are my tokens locked when staking for governance?
No, they are not. Users retain full ownership over their token (subject to any contractual lock-up periods). Staking for governance doesn’t impact token ownership.
What is the minimum amount of OBOL tokens required to participate?
There are no minimums for participation.
Can I use stOBOL in DeFi?
Yes! stOBOL is a liquid token and can be used in DeFi protocols, lending markets, and integrations.
Ready to participate?
Get started by visiting the Obol Governance Portal on Tally and join the next phase of the Obol Collective.