How to receive voting rights - the algorithm

Pic. The User gets voting rights in the DAO

  1. A user acquires AUGE tokens.
  2. The user sends the necessary AUGE amount to the staking to receive voting rights.
  3. The user amount of votes received depends on the staking term.
  4. The user takes part in DAO voting and uses the voting rights.
  5. After the staking term is finished, the users is able to receive their AUGE tokens back. Remaining voting rights get voided on withdrawal.

Further development#

Voting Power Module (VPM) realizes a standard interface, which connects it to the setting module of the Dapplets ecosystem. VPM implementation may be redefined and replaced later.