π§βπ€βπ§DAO Voting
$SolNav can be used to take part in the decision making process of the project. The more $SolNav tokens a user owns, the higher voting power he/she has.
At the core of the SolNav project lies a commitment to democratic governance and community involvement. The DAO Voting system is a pivotal mechanism allowing $SolNav token holders to actively participate in shaping the future of SolNav. Through this system, users wield the power to influence key decisions and project directions, ensuring that SolNav evolves in a way that best serves its community.
How DAO Voting Works
Ownership of $SolNav tokens directly correlates with voting power within the SolNav ecosystem. This means that the number of tokens held by a user determines the weight of their vote in the decision-making process. The principle is straightforward: the more $SolNav tokens you hold, the more influence you have over the decisions made.
Engaging in the Voting Process
Step 1: Token Accumulation - To begin, ensure you have $SolNav tokens in your wallet. These tokens represent your voting rights within the DAO.
Step 2: Stay Informed - Regular updates will be provided on upcoming votes, including detailed information on whatβs being voted on. These updates are crucial for making informed decisions.
Step 3: Participate in Voting - When a vote is announced, token holders can cast their votes according to the number of $SolNav tokens they own. Each token counts as one vote, amplifying the voice of those with a larger stake in the project.
Last updated