VOLTSWAP
  • Introduction
  • Key Features
  • Official Links
  • Understanding ve (3,3)
    • Overview
    • Key Stakeholders
    • Ve (3,3) Process
    • Voting Stratgies
  • The VOLT Token
    • Value Accrual to VOLT with ve (3,3)
    • Token Supply and Emissions
    • Pre ve (3,3) VOLT Emissions
      • Volt Emission - Meter Mainnet
        • Previous Cycle Emissions
      • Volt Emission - Theta Mainnet
        • Previous Cycle Emissions
      • Volt Emission - Moonbeam Mainnet
        • Previous Cycle Emissions
  • 中文版文档
  • VOLTSWAP
    • Supported Assets
    • Supported Wallets
    • Meter Passport - Crosschain Bridge
    • Swapping Stable and Volatile Assets
    • Adding Liquidity
    • Staking LP tokens into the gauge
    • Vesting VOLT
    • Voting
    • Bribes
    • Rewards
      • Understanding Fee Revenue from Weekly Voting for veVOLT Holders
      • Understanding Emission Boost from Weekly veVOLT Voting for Liquidity Providers
      • Maximizing Returns through veVOLT Voting
    • Governance
    • Security
  • Tutorials
    • Transfer of Liquidity from Voltswap V1 to Voltswap ve (3,3)
    • Pre-requisites for Voltswap
      • Meter Mainnet
  • Setting up a wallet
    • MetaMask 101
    • Adding Custom Tokens to MetaMask
    • Setting up Networks
  • How to Bridge Funds
    • Meter Mainnet
    • Meter Passport - Operational Statistics
  • Transfer Funds from CEX
    • Meter Mainnet - Withdrawal from Gate.io
    • Meter Mainnet - Withdrawal from KuCoin
  • How to Vest VOLT
  • How to Add Liquidity
  • How to Stake LP token into the Gauge
  • How to Vote
  • How to Create Bribe
  • How to Claim Rewards
  • Understanding APRs
    • Liquidity Providers
    • veVOLT Holders
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  • Model
  • Proposals and Voting

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  1. VOLTSWAP

Governance

Model

Voltswap; being a community owned DEX, is ultimately governed by its community, via forum discussions and, when pertinent, voting on proposals held on the Voltswap Snapshot. At this time, any user holding more than 300 Volt can start a proposal. It is binding on the community member to have initiated the proposal discussion on forum.meter.io at least 7 days before presenting the proposal on Snapshot. In its current state, all proposals with majority voting are passed. As we grow, we will introduce quorum and support on the votes.

We currently use governance proposals on Pool Incentives, Airdrops, additional development and marketing.

Proposals and Voting

Any member of the community is welcome to post a proposal with more than 300 Volt. However, it is binding to have started a forum discussion at least 7 days in advance.

The threshold and barrier to proposal creation are low at this early stage of the project. As the community participation increases, we plan to introduce additional barriers and safeguards to ensure that community and team time and effort is put to efficient use.

Volt is the voting metric for the snapshot proposals.

We are currently limited to voting on proposals through Volt held in MetaMask wallet with development effort in progress to include volt held in staking pool and liquidity pools. The Volt accounted for voting should be available with the user at the block height when the snapshot is taken.

We will also introduce quorum requirements and support requirements for proposals as we scale.

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Last updated 3 years ago

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