The First xPOLYCUB Governance Vote and How it Leads us Into The Current One

in LeoFinance2 years ago

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In this clip from the AMA, we talk about the first xPOLYCUB Governance vote. This is a good throwback to the first vote as we are less than 24 hours away from the conclusion of the second governance vote.

Not too long ago, the first ever PolyCUB governance vote went live and xPolyCUB holders were asked to vote on the length of penalty period. The choices were 15 days, 30 days, and 90 days, but the winner was 30 days.

The transaction was immediately cued by the Treasury and the transaction was executed within 24 hours from when the vote finished.

This process is exactly what's about to happen with the new governance vote that is happening right now.

One of the key differences is that the current governance vote is much more complex than the one we talk about here (the first vote vs. the second vote). The current vote is on yield dynamics and every xPOLYCUB stakeholder can vote on which vaults they believe deserve the most yield.

We talk about this and more in this clip from the Weekly AMA!

This is your reminder to vote on the current yield-based governance vote! It ends less than 24 hours from when this post goes live!!

https://leofinance.io/@leofinance/xpolycub-governance-or-our-first-vote-on-yield-dynamics

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Wen voting ui

In the sooniverse, if I had to guess!

Posted Using LeoFinance Beta

Perhaps more will be voting or have voted this time since each vote will help towards which vault we want to have more yield on.

Posted Using LeoFinance Beta

The result would tell

Yes, I just went and checked, only 74 have voted so far.

Posted Using LeoFinance Beta

I guess we'd have to tally the previous vote and this to have a clear number

I believe every vote that will take place will be beneficial and a sign of progress as well

Posted Using LeoFinance Beta

We hope to see more and more voters turn out on this one! After all, it has a direct impact on how much you make on the platform.

Posted Using LeoFinance Beta

I have voted. I choose 2, transaction on metamask went smoothly !

Posted using LeoFinance Mobile

Yeah, quite smooth,still can’t wait for the front end though

Posted Using LeoFinance Beta

Done my part, I used trustwallet as that is the only convenient DEX wallet for me.

Posted Using LeoFinance Beta

Thanks for voting! Let’s see how this governance vote takes shape!! 🦁

Posted using LeoFinance Mobile

I don't think I'll be voting because I don't have anything invested in the farms and as someone else has said, we need a UI and a screen that has information for people. I don't think the current structure is good for governance votes going forward.

Posted Using LeoFinance Beta

The sooninverse carries that up,slow and steady.

thanks for the reminder, voted :)

We're always ready to see what the people decide as the ball is in our court.

Nice! So I'm not too late!
I saw this post, saw that there was still time, voted, wrote a post on it, but the post I linked in it was this one, which was posted 6 days ago. 24 hours??? Did I completely misread? Apparently not! Here is the feedback post I wrote.

Posted Using LeoFinance Beta