Meshswap
  • Introduction
  • What is MESH?
    • MESH Allocation
    • MESH Tokenomics
    • MESH Redistribution Policy
  • Get started
    • Create a Wallet
    • Add Polygon Network & Tokens
    • How to move your assets to wallet
      • Transferring MATIC
        • [Binance, Kucoin, Gate.io] How to move MATIC from CEX to Wallet 1
        • [Coinbase, OKX, Upbit, Bithumb, Coinone] How to move MATIC to Wallet 2
        • [Polygon Bridge] How to move MATIC to Wallet 3
      • How to get WETH, MATIC, USDC, USDT, DAI
      • How to get oETH, oMATIC, oUSDC, oUSDT, oDAI
      • XRP: The Quickest and easiest way to transfer your asset
      • How to get oXRP in your KuCoin wallet and deposit in Meshswap
      • How to transfer BUSD from Binance to the Polygon network
      • Transferring TON
        • Create Wallets supporting TON network
        • How to transfer TON from wallet to Meshswap
        • How to transfer TON from Huobi to the Polygon network
  • More
    • Risk & Security
    • Privacy Policy
    • Contract & Audit
    • Contact & Team
    • Events
      • Early-bird MESH Airdrop Events(End)
      • Meshswap x Kucoin Partnership Giveaway Event(End)
  • PRODUCTS
    • Swaps
    • Lend
      • How to deposit your assets on Lending pools
      • The Detailed Policy of Lending Pool Deposit
    • Yield Farm
      • How to deposit your assets on Yield Farming pools
    • Leveraged Yield Farm
      • How to deposit your assets on Leveraged Yield Farming pools
      • Detailed Policy of Leverage Farm
    • Long/Short Margin Trading
      • Open and Close Long/Short Positions
        • Open Long Positions
        • Open Short Positions
        • Close Long Positions
        • Close Short Positions
      • Long/Short Margin Trading Details Policy
    • Interest rate
    • Stake
      • How to stake MESH
      • Staking Policy
    • Pool Voting
      • How to participate in Pool Voting with vMESH
    • Ecopot
    • Drops
    • Pool Airdrop
    • Governance
      • Governance Voting Policy
  • DEVELOPERS
    • Contract
      • MESH
      • MESHswapRouter
      • MESHSwapView
      • Factory
      • Exchange
      • PoolVoting
      • VotingMESH
      • Treasury
      • Distribution
      • Governor
      • SinglePool
      • SinglePool Factory
      • PlusPool
      • PlusPool Factory
      • EcoPotVoting
      • EcoPot
    • Airdrop
      • Set Airdrop Operator
      • Start Airdop
    • EcoPot
      • Set EcoPot
      • Start EcoPot
  • Meshswap Protocol
  • Orbit Bridge
Powered by GitBook
On this page
  1. PRODUCTS
  2. Governance

Governance Voting Policy

PreviousGovernanceNextContract

Last updated 3 years ago

  • At the time of governance opening, you can vote on the matter of whether to pass or withdraw certain Grade C assets into the governance. After the initial stabilization period, sequentially scheduled updates would allow voters to exercise their voting rights on alternations of all matters.

  • Timeline for every governance agenda is all set to the UTC+9 timezone.

  • Once the vote has been registered in the governance, it cannot be changed or canceled.

  • Proposing multiple votes on passing the incorporation of Grade C assets into the governance with one wallet address is not possible. If you have already suggested a vote, you can suggest another vote only after the proposed vote is over.

  • Users who wish to register their votes must hold at least 0.1% of the total protocol vMESH in their wallets as of the time of voting registration.

  • The cost (500 MESH) will be incurred when registering for voting, and all of the cost will be used to fund the Buyback & Burn program. Registration costs can be changed through governance voting.

  • The body of the vote must be filled in at least 300 characters, including spaces, and can only be written in English.

  • The right to vote (vMESH) to participate in each vote will be determined through a snapshot at the start of each vote. “Reserved voting rights”shown on the governance main page indicates real-time vMESH quantities, and it may differ from the number of vMESHs that can exercise voting rights.

  • Even if you get more vMESHs through staking or if the number of vMESHs has decreased due to unstaking after the start of the vote, the number of vMESHs you can exercise is pre-determined at the start of the vote.

  • The criteria for passing a vote are as follows. If the total number of voters is above the minimum participation standard, and more than a majority of the total voters agree (see the governance vote registration_1st approval section in case of detailed criteria).

  • The criteria for rejecting a vote are as follows.

    - In the case of participating less than the minimum number of voting rights until the end of the voting period (3 days)

    - In a case where a majority of all voters do not approve at the end of the voting period.

Governance