Vote for proposals using shares
|Action||Voting Stats||New Governor||User Rep|
New Upgrade Proposal Enables NFT staking(for virtual land plots), adds new vaults, staking for other NFT collections,... More details on Telegram If you have active stakes, click "Vote For" and sign the message in wallet to cast votes using your stakes.
Share Voting Mechanism (Consensus)
There are 2 types of voting. First one is done by commiting XVMC tokens and is used to make faster decisions for managing the system(reward boosts, fees, bonuses,...). The second option is voting through staked(locked) XVMC tokens. It is effectively the consensus mechanism of the protocol that allows upgrades of the entire system in a decentralized manner. The long term share holders(stakers) in the protocol get to decide on the future of the protocol as well as manage the treasury wallet. The longer the time-deposit, the greater weight(power) is assigned per each token staked.
1 Month Deposit
3 Month Deposit
6 Month Deposit
1 Year Deposit
3 Year Deposit
5 Year Deposit