Sirius Finance
  • Welcome to Sirius Finance
  • Get started
    • What is stablecoin AMM?
    • Why Sirius Finance?
    • Why on Astar Network?
    • Sirius Finance pools and algorithm
    • How to gain SRS&veSRS?
    • How does voting right work?
    • Roadmap
  • FAQ
    • Why my $ORU unlock date keep extending?
    • How does the voting mechanism work?
    • Why did my transaction fail?
    • How does unstable crypto pool work?
  • User Guidance
    • Add Astar Network to yourMetamask
    • Add assets to your Metamask
    • Create a Polkadot.js wallet
    • Transfer assets to Astar Network
    • Swap to have the best combo of assets
    • Gain 4SRS LP tokens
    • Earn SRS
    • Join the governance and vote
    • How to withdraw your assets
    • Why is veSRS worth earning
  • Risks
    • Risks of using Sirius Finance
    • Permanent loss of a peg
    • Audits
  • Join Sirius Community
    • OG enrollment program
    • Kickoff rewards program
    • Early adopter program
  • Development
    • Smart Contracts
      • Swap
      • Pool
      • Farming
    • Frontend
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How does voting right work?

PreviousHow to gain SRS&veSRS?NextRoadmap

Last updated 2 years ago

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.