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

  1. Choose one of the available Token standards: BRC-20, Runes, Ordinals

  2. Provide necessary Token ticker / Rune name / Ordinals collection

Whitelist voting

specified addresses are eligible to vote

  1. Determine voting power that will be assigned to the specified addresses

  2. Enter the addresses (use Bitcoin Taproot addresses only, starting with bc1p)

Ticket voting

any wallet is eligible to vote

  1. 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

  1. Click the Connect wallet button in the top right corner.

  2. Connect with the wallet provider where you hold the tokens relevant for the project you want to vote in.

  3. Go to the project page on Votico and select the active proposal you are interested in.

  4. Select the option(s) you want to vote for. The voting systems can differ between individual proposals.

  5. Click to Vote button and sign the message via your wallet provider when prompted.

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