The reasoning is that the WTN staking rewards are quite low as it started at 3% and is continuously decreasing to 0.24% over 1 year (see here). So given the WTN owned by the DAO (1,148,032 WTN given the 17.5 kICP), this is about 17.2kWTN in one year and after that 2’755 WTN per year. Even if you own 1% of the voting power, you will only receive 27.5 WTN per year (172WTN in the first year) and most people own less than that. So we would effectively be sending dust around and the team believes it’s in the best interest to simply restake the maturity and to increase the voting power of the neuron.
Makes sense, thanks for providing your view 
Just clarifying for anyone reading this thread. The above information is from the original SNS proposal. Since then the ledger id for GLDT has changed but the indexer id still seems to be correct. The GLDT ledger is now: 6c7su-kiaaa-aaaar-qaira-cai.
You can find it on the Gold DAO SNS dashboard page: https://dashboard.internetcomputer.org/sns/tw2vt-hqaaa-aaaaq-aab6a-cai
Hi @timo thanks for sending the message.
Yes, exactly, the GLDT ledger and GLDT ledger indexer are the following
- GLDT ledger: 6c7su-kiaaa-aaaar-qaira-cai
- GLDT ledger indexer: oo6x4-xiaaa-aaaap-abrza-cai
Both of them have been handed to the SNS already and you will find them on https://dashboard.internetcomputer.org/sns/tw2vt-hqaaa-aaaaq-aab6a-cai
Ok, thanks for confirming.
I added GLDT as a pre-configured asset to the wallet on https://wallet.ic0.info/. So you can add the asset now without having to remember the ledger and index id.
The wallet is special in that it allows you to send to ICRC-1 accounts that are not just principals (that have non-default subaccounts encoded in them). It also allows you to set up allowances with spenders that are non-default ICRC-1 accounts.
Hello @Dustin and team. I am new to the forum, but purchased ICP and GLDGov at the end of last year. I am getting reacclimated and caught up.
I added my GLDGov principal ID to my GLDGov neurons as a hotkey two days ago. My understanding is that I should be able to see ICP/GLDGov/OGY rewards on my Gold DAO dashboard that have been accumulating over the last year. I also started voting two days ago. When can I expect to see my accumulated rewards? If I am misunderstanding, let me know.
Thanks much.
@DevilDog3084 Rewards are distributed weekly on Wednesday. So if you voted on this week’s proposals, you should see rewards from next Wednesday. Make sure to always vote or follow other neurons you trust. The official team neuron is
7eac04f2e207c04b8a7ac01b7505c715821ebbd7bc9815cef0a6842514f3b832
Rewards are only distributed to voting neurons.
Much thanks for the response. Cheers mate.
Someone has already bought gold through the official website of GOLD DAO and encountered problems. This is a good thing, indicating that the idea of Golden Island is successful and will face huge opportunities in the future. But since the official has opened up some functions, it is necessary to ensure that the functions are intact, and there are solutions and responses when encountering problems. So on the official website, there should be an official contact and feedback channel for resolving the issue. After the launch of all GOLD DAO functions in the future, we must attach great importance to the trading experience and respond quickly to feedback issues. Be optimistic about this business, but please manage it well.