Gnosis

Reflects the staking of GNO (at least 1 GNO) in order to qualify for operation of a validator (or a number thereof). This exposes the GNO to a risk of runaway depreciation and, in case of non-exited validators, also the risk of slashing (note that while Gnosis Chain's docs follow Ethereum's model in specifying slashing as one of several tiers of token-alienating penalties, we denote all such penalties as slashing in order to preserve internal consistency). When a full withdrawal (see the VCIP section) is triggered, a variable delay may be imposed on the withdrawal because withdrawals are processed via a queue, and, as such, this may impose delays, especially when the payout contract used to disburse GNO back temporarily lacks funds.

Note that liquid staking options are available for GNO holders, but they are offered by external parties and therefore do not constitute parts of GNO token design.

Reflects reliable operation of a Gnosis Chain validator with the requisite uptime metrics.

Reflects reception of rewards due to a properly operating Gnosis Chain validator. The rewards, roughly speaking, scale as an inverse square root of the number of validators (for a truer description, please refer to the VCIP section). Note that these rewards are not conditioned explicitly on the performance of the node and only depend on it implicitly thanks to the penalisation system in place.

Reflects delegation of voting power within the framework of Gnosis DAO. Note that this does not imply delegation of GNO stake, which does not exist natively.

Represents extraction of tangible and/or intangible governance value derived from voting power delegation, i.e., the realisation of indirect governance participation.

Represents participation in the voting process of the Gnosis DAO Governance.

Reflects the value originating from participating in decicision-making in the Gnosis DAO Governance. The scope of governance is not formally limited and is encompassed by the extant and potential Gnosis Improvement Proposals.