Governance & Voting

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How Governance Works

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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.

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Voting Power Calculation

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Governance Proposals

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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

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Proposal Lifecycle

1. Discussion Phase: Community discusses the proposal
2. Draft Phase: Proposal is formalized and reviewed
3. Voting Phase: Token holders vote on the proposal
4. Execution Phase: Approved proposals are implemented

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How to Participate in Governance (SHIB - DAO)

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Step 1: Access Governance Portal (SHIB - DAO)

1. Navigate to the “Shib DAO” section
2. Connect your wallet (same wallet used for staking)
3. View your voting power and active proposals

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Step 2: Review Active Proposals

1. Browse current proposals
2. Read proposal details and rationale
3. Review potential impact on the protocol
4. Check voting deadlines and requirements

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Step 3: Cast Your Vote

1. Select a proposal to vote on
2. Choose your vote: For, Against, or Abstain
3. Review your voting power and vote weight
4. Confirm your vote

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Step 4: Track Proposal Status

1. Monitor voting progress
2. Check if your vote was recorded
3. Follow proposal execution after voting ends

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Governance Strategies

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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

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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

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Delegation

• Delegate voting power to trusted community members
• Choose delegates with aligned interests
• Monitor delegate voting patterns
• Maintain control over critical decisions

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Important Governance Concepts

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Quorum Requirements

• Minimum voting participation required for proposals to pass
• Ensures decisions represent community consensus
• Varies based on proposal type and importance

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Timelock Delays

• Approved proposals have execution delays
• Allows community to review and react to changes
• Prevents rushed or malicious proposals

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Emergency Governance

• Critical decisions can bypass normal voting process
• Limited to emergency situations only
• Requires higher voting thresholds

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Governance Best Practices

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Stay Informed

• Follow official announcements and updates
• Join community discussions and forums
• Monitor governance proposals regularly
• Understand the impact of your votes

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Research Proposals

• Read proposal details thoroughly
• Consider technical and economic implications
• Evaluate potential risks and benefits
• Consult with community members

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Vote Responsibly

• Vote based on protocol health, not personal gain
• Consider long-term sustainability
• Avoid voting without understanding
• Participate in community discussions

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Governance Tools

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Voting Interface

• User-friendly voting portal
• Real-time proposal tracking
• Vote history and analytics
• Mobile-responsive design

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Analytics Dashboard

• Proposal performance metrics
• Voting participation rates
• Community sentiment analysis
• Historical governance data

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Notification System

• Proposal alerts and reminders
• Voting deadline notifications
• Result announcements
• Governance reward updates

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Important Notes