In this clip from the Weekly AMA, we talk about the PolyCUB Governance vote process.
The Governance voting process is always an ongoing process with weekly snapshots. That said, if you voted before, you don't need to vote every single week. You only need to vote again if you want to update your votes.
A weekly snapshot will be posted 24 hours after each vote ends. The vote dynamics will update the farm APRs 24 hours after the snapshot.
You can always increase the Governance Power of your vote by staking more xPolyCUB. The vote will be more powerful with more xPolyCUB staked. When vexPOLYCUB is live, you'll be able to lock up your xPOLYCUB in a long-term staking contract to amplify your Governance Power.
Governance Power is the core utility of being a POLYCUB token holder. It's going to get very interesting to see the dynamics play out in the long-term.
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▶️ 3Speak
Every votes counts, thanks for the update
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Yep! We need more voting!
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Alessio Rastani was talking in a video recently about the current oil and gas prices being unsustainable and that we should expect the price of oil to fall sometime in the end of the year. I'm subscribing to his take.
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Thanks for the vid.