P1 - UX Council Governance Proposal - Voting

[WalletConnect]

Which one did you vote Yes or No?

Vote => https://snapshot.box/#/s:walletconnect.eth/proposal/0xaa1650813d0c5da792cf52a02d4c01e761ba25eaa6030bf088e7386e0d9630dd

[wilmar]

i stake my 182 wct for 2 years. can i vote?

[WalletConnect]

Yes, providing you have stWCT

[Sirah09]

I have 400 WCT stakes, stWCT is only 33, what makes it smaller?
When can unstake be done?
I have 2 years stake

[WalletConnect]

Read this and with 33 stWCT you can cast your vote

Let’s talk about Stake Weight

1/ When you stake WCT in the WalletConnect Network you have to lock your tokens for a period of time… It can be 2 weeks, 1 month, 1 year or even 2 years The longer you lock your tokens the more stake weight you have! 2/ For simplicity let’s refer to Stake Weight as “stWCT” For 1000 WCT locked for 2 years you have 500 stWCT For 1000 WCT locked for 1 year you have 250 stWCT For 1000 WCT locked for 1 month you have 20 stWCT For 1000 WCT locked for 2 weeks you have 10 stWCT 3/ …

[Ranubaya]

For example, if we get 100 stWCT and we’ve use it all because there’s no option to divide stWCT in the first vote. will we get another stWCT in the next vote?

[WalletConnect]

Let’s talk about Stake Weight

1/ When you stake WCT in the WalletConnect Network you have to lock your tokens for a period of time… It can be 2 weeks, 1 month, 1 year or even 2 years The longer you lock your tokens the more stake weight you have! 2/ For simplicity let’s refer to Stake Weight as “stWCT” For 1000 WCT locked for 2 years you have 500 stWCT For 1000 WCT locked for 1 year you have 250 stWCT For 1000 WCT locked for 1 month you have 20 stWCT For 1000 WCT locked for 2 weeks you have 10 stWCT 3/ …

This has your answer

[Sirah09]

Thank you for the explanation sir

[WalletConnect]

LFG! WalletConnector