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Voting Power

On this page, you can manage your voting power.

Approve, deposit, and withdraw for voting power​

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Approve — needed to be able to deposit tokens into the DAO Vault for voting. Also (if a Constitution exists) DAO Members sign it here, to accept being members of the DAO.

Deposit — necessary action in order to be able to create proposals and vote on them. Deposit DAO Tokens into your Vault, to increase your voting weight.

Withdraw — withdrawal of tokens that were deposited to participate in voting. This reduces your voting weight.

Locking during Voting​

In order to be able to create a Proposal, you need to make a deposit of tokens. If your DAO Token is a fungible ERC20 Token, the weight of your vote depends on the number of deposited tokens.

If this is a DAO in which the membership is determined by holding an NFT or SBT, then the presence of one token is regarded as one vote (In this case, there is one vote per address. Even if multiple tokens are deposited in the Vault.)