How does voting right work?
To vote on the Sirius Finance, users need to vote lock their SRS and gain veSRS. By doing so, participants can earn a boost(up to x3) on their provided liquidity rewards and vote on pools related proposals including: Pool parameters: pool weight, amplification coefficient, etc. Adding or removing metapools; Total trading fee percentage; Preferred right for airdrop tokens; …
And users who reach a certain voting power can also create new proposals. There is no minimum voting power required to vote. Users can lock their SRS for a minimum of a week and a maximum of three years.
Last modified 1yr ago