How Governance Works
Voting Power
- Staked Tokens: Your staked tokens grant voting power based on Vote escrowed style
- Auto Decay: Voting power decays linearly over time as the lock period approaches its end, eventually reaching zero when the lock expires.
Voting Power Calculation
| Lock Duration | $SHIB Locked | $veSHIB Received | Voting Power (%) |
|---|---|---|---|
| 4 years | 100 | 100 | 100% |
| 3 years | 100 | 75 | 75% |
| 2 years | 100 | 50 | 50% |
| 1 year | 100 | 25 | 25% |
Governance Proposals
Proposal Types
- Protocol Upgrades: Changes to staking mechanisms
- Reward Adjustments: Modifications to APY rates
- Fee Structure Changes: Adjustments to trading fees
- Emergency Actions: Critical protocol decisions
Proposal Lifecycle
- Discussion Phase: Community discusses the proposal
- Draft Phase: Proposal is formalized and reviewed
- Voting Phase: Token holders vote on the proposal
- Execution Phase: Approved proposals are implemented
How to Participate in Governance (SHIB - DAO)
Step 1: Access Governance Portal (SHIB - DAO)
- Navigate to the “Shib DAO” section
- Connect your wallet (same wallet used for staking)
- View your voting power and active proposals
Step 2: Review Active Proposals
- Browse current proposals
- Read proposal details and rationale
- Review potential impact on the protocol
- Check voting deadlines and requirements
Step 3: Cast Your Vote
- Select a proposal to vote on
- Choose your vote: For, Against, or Abstain
- Review your voting power and vote weight
- Confirm your vote
Step 4: Track Proposal Status
- Monitor voting progress
- Check if your vote was recorded
- Follow proposal execution after voting ends
Governance Strategies
Active Participation
- Vote on all proposals to maximize rewards
- Stay informed about protocol developments
- Engage in community discussions
- Consider the long-term impact of decisions
Voting Strategy
- Research: Understand the proposal thoroughly
- Community: Consider community sentiment
- Impact: Evaluate potential effects on your stakes
- Timing: Vote early to earn bonus rewards
Delegation
- Delegate voting power to trusted community members
- Choose delegates with aligned interests
- Monitor delegate voting patterns
- Maintain control over critical decisions
Important Governance Concepts
Quorum Requirements
- Minimum voting participation required for proposals to pass
- Ensures decisions represent community consensus
- Varies based on proposal type and importance
Timelock Delays
- Approved proposals have execution delays
- Allows community to review and react to changes
- Prevents rushed or malicious proposals
Emergency Governance
- Critical decisions can bypass normal voting process
- Limited to emergency situations only
- Requires higher voting thresholds
Governance Best Practices
Stay Informed
- Follow official announcements and updates
- Join community discussions and forums
- Monitor governance proposals regularly
- Understand the impact of your votes
Research Proposals
- Read proposal details thoroughly
- Consider technical and economic implications
- Evaluate potential risks and benefits
- Consult with community members
Vote Responsibly
- Vote based on protocol health, not personal gain
- Consider long-term sustainability
- Avoid voting without understanding
- Participate in community discussions
Governance Tools
Voting Interface
- User-friendly voting portal
- Real-time proposal tracking
- Vote history and analytics
- Mobile-responsive design
Analytics Dashboard
- Proposal performance metrics
- Voting participation rates
- Community sentiment analysis
- Historical governance data
Notification System
- Proposal alerts and reminders
- Voting deadline notifications
- Result announcements
- Governance reward updates
For detailed information about current proposals and voting procedures, visit
the Governance section of the Bury 2.0 platform.
Important Notes
- Governance decisions can significantly impact your staked tokens - Always research proposals before voting - Consider the long-term health of the protocol - Never vote without understanding the implications