Kyoko
  • Kyoko Introduction
  • HOW IT WORKS
    • Peer-to-Pool NFT Lending Platform
      • P2P NFT Lending Introduction
        • As Lenders: Earning Interest
        • As Borrowers: Get Instant Loans
        • NFT as the collateral
        • NFT Price Discovery
      • Who can create the pools?
        • The Blue-Chip Pools
        • The Shared Pool
      • Risk Models: Health factor or Time-based
        • Risk Framework
        • Dual Rates
        • NFT Risk Parameters
      • Pending Liquidation
        • Auction liquidation
        • Bad Debt
      • Security and Audits
    • Cross-Chain GameFi Assets Lending(CCAL)
      • How to use Cross-Chain GameFi Assets Lending?
      • FAQ for CCAL
  • TOKEN
    • Token distribution
    • Understanding $KYOKO in P2P NFT Lending
      • Staking (Shared income)
        • Staking your $KYOKO
        • Claiming shared income
      • Voting
        • Vote Locking
        • Governance Mechanism
        • Snapshot
        • Proposals
    • Vesting
    • Stake
      • Liquidity Mining
      • How to start staking?
    • Business Model
    • Governance
      • KRCs
      • KIPs
      • Governance forum
      • Voting(Snapshot)
  • Roadmap
  • Security and auditing
  • Contact
  • DEPLOYED CONTRACTS
    • P2P NFT Lending
    • Cross-Chain GameFi Assets Lending(CCAL)
  • TEST
    • P2P NFT Lending testnet
    • Cross-Chain GameFi Assets Lending(CCAL)
  • COMMUNITY
    • Twitter
    • Telegram
    • Discord
    • Medium
    • Github
    • TERMS OF SERVICE
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On this page
  • Voting on the Kyoko DAO
  • Voting Power
  • The DAO Dashboard
  • Submitting proposals

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  1. TOKEN
  2. Understanding $KYOKO in P2P NFT Lending
  3. Voting

Governance Mechanism

Voting on the Kyoko DAO

To vote on the Kyoko DAO, users need to lock vote lock their KYOKO. By doing so, participants can earn a boost on their provided liquidity and vote on all DAO proposals. There is no minimum voting power required to vote.

Voting Power

veKYOKO stands for vote escrowed KYOKO, it's a locker where users can lock their KYOKO for different lengths of time to gain voting power. Users can lock their KYOKO for a minimum of 30 mins and a maximum of four years. As users with long voting escrow have more stake, they receive more voting power.

The DAO Dashboard

You can visit the Kyoko DAO dashboard at this address:TBD

On this page, you can find all current and closed votes. All proposals should have a topic on the Kyoko governance forum at this address: TBD

Submitting proposals

If you wish to create a new official proposal, you should draft a proposal and post it on the governance forum. You must also research that it's possible and gauge interest of the community via the Kyoko Discord, Telegram or Governance forum.

If you're not sure about the technical details of submitting your proposal to the Ethereum blockchain, you can ask a member of the team to help.

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Last updated 2 years ago

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