Voting
There are several aspects that define if you are eligible to vote on a specific proposal.
Each project specifies its voting strategies in the project settings. These strategies will define if you are eligible to take part in the voting and what is your voting power calculated at the snapshot of proposal creation.
Voting strategies:
There are 3 basic voting strategies, that can be combined with each other.
Token weighted voting
addresses with sufficient amount of required assets are eligible to vote
Choose one of the available Token standards: BRC-20, Runes, Ordinals
Provide necessary Token ticker / Rune name / Ordinals collection
Whitelist voting
specified addresses are eligible to vote
Determine voting power that will be assigned to the specified addresses
Enter the addresses (use Bitcoin Taproot addresses only, starting with bc1p)
Ticket voting
any wallet is eligible to vote
Determine voting power that will be assigned to all the addresses
Thus, there can be 2 reasons why a user is not able to vote:
he did not hold the sufficient amount of specified asset at the time of proposal creation
or
his address is out of the list of whitelisted addresses.
Cast a vote
Click the
Connect wallet
button in the top right corner.Connect with the wallet provider where you hold the tokens relevant for the project you want to vote in.
Go to the project page on Votico and select the active proposal you are interested in.
Select the option(s) you want to vote for. The voting systems can differ between individual proposals.
Click to
Vote
button and sign the message via your wallet provider when prompted.
Last updated