Voting after Uniswap
Following the token migration to Uniswap, the voting mechanism remains token-weighted, requiring users to deposit tokens for proposals. Users can vote only once per proposal.
Last updated
Following the token migration to Uniswap, the voting mechanism remains token-weighted, requiring users to deposit tokens for proposals. Users can vote only once per proposal.
Last updated
Depositing Tokens for Voting
To participate in a proposal, users must deposit their tokens, locking them in the duration of the voting process. Importantly, users can only vote once per proposal, making your initial token deposit final.
Navigate to the Voting Page
Go to the Voting section and select the proposal you want to participate in.
Specify the Number of Tokens
Enter the number of tokens you wish to deposit in the provided input field.
If you want to use your entire available balance, click the MAX button to deposit all your tokens.
Token Weightage
The weight of your vote is directly tied to the number of tokens you deposit.
Votes are calculated based on the circulating token supply, meaning more tokens result in greater influence over the outcome.
Locked Tokens
Once deposited, your tokens are locked and cannot be traded or withdrawn until the proposal has concluded.
After a proposal has concluded (approved or rejected), users must manually withdraw their deposited tokens. Without this step, the tokens will remain inaccessible.
Go to the Proposal Page
Access the specific proposal you voted on through the Proposal History section.
Initiate Withdrawal
Click the Withdraw button to recover your tokens.
The tokens will be returned to your wallet and become available for trading or other purposes.
Single Vote Per Proposal: Users can only vote once per proposal. The token amount you initially deposit is final and cannot be adjusted.
Weightage of Influence: Depositing more tokens gives your vote greater weight, reflecting your commitment to the proposal.
Token Lock Period: Deposited tokens are locked during the voting process and cannot be traded until they are manually withdrawn after the proposal concludes.