RE: xPOLYCUB Governance | Our First Vote on Yield Dynamics

[nealmcspadden]

Scenario:
I own 100 xPOLYCUB this week and make 2 votes.
Next week I buy 100 more xPOLYCUB for a total of 200 xPOLYCUB.

Does my vote next week automatically count the increased xPOLYCUB or do I have to vote again?

Posted Using LeoFinance ^Beta

Comments

[khaleelkazi]

Great question Neal: you don’t need to vote again but xPOLYCUB does need to be staked for a particular amount of blocks before it is reflected in the snapshot.

This prevents anyone from buying and staking, voting for the snapshot and then immediately unstaking.

In the long-run, there will be a more “curve-like” contract with actual long-term staking lockups to have more voting power

Posted Using LeoFinance ^Beta

[uyobong]

xPOLYCUB does need to be staked for a particular amount of blocks before it is reflected in the snapshot.

This cool down feature is quite cool for the safety of the DeFI and prevents a hostile takeover.

In the long-run, there will be a more “curve-like” contract with actual long-term staking lockups to have more voting power

Another great feature for sustainability encouragign long-term xPOLYCUB staking.

Posted Using LeoFinance ^Beta

[uyobong]

Oh, my same question.

Posted Using LeoFinance ^Beta