Configure Voting Power Calculations
Last updated
Last updated
Organizations can configure multiple Voting Power Calculations to use in different stages of their governance workflows.
Step 0: Navigate to the Vote Power Calculation Section
Connect your wallet and navigate to the Governance page of your Organization. Click the Governance Settings Tab.
Step 1: Add a new Calculation
In the Vote Power Calculation Section, click Add. This will create a new voting power that will have type 1 member 1 vote by default. To change this, Edit your Voting Power Calculation.
Step 0: Navigate to the Vote Power Calculation you want to edit
Connect your wallet and navigate to the Governance page of your Organization. Click the Governance Settings Tab. Find the Voting Power Calculation you want to manage and click it.
Step 1: Click the edit icon
Step 2: Fill out the form to edit the Voting Power Calculation
Name: Give this Voting Power Calculation a name.
Use as Default?: Select if this is the default calculation for your Organization. Default Calculations are used by default when creating new Snapshot Governance Items.
Short Description: A brief description of this Voting Power Calculation
Compatibility: Cannot be edited. On-chain, Agora for Agora Voting Power Calculations, Off-Chain, Clarity for all Snapshot Calculations.
Calculation Type: Token Weighted, 1 Member 1 Vote, or Stake Pool
For Token Weighted Voting Power Calculations, Governance Assets will need to be added to the Calculation. To add a new asset, select from the Add Asset dropdown list. The assets in this list are the Governance Tokens Configured in your Governance Tokens section.
Each token you add will have some options to customize how it is used in this calculation:
Scale: Linear or Quadratic.
Weight: The weight to give this asset
Click here to see more about how Voting Power Calculations are made using these inputs.
Stake Pool Id: The stake pool ID of the stake pool to give users power by staking to. Pool IDs should start with pool1...
Stake Pool Power Scale: Linear or Quadratic scale applied to the amount of ADA staked
Time Bonus: An optional multiplier to a members stake pool power if they delegate beyond a certain number of epochs.
Time Bonus Epochs: The number of consecutive epochs a user must delegate to this stake pool in order to receive the time bonus multiplier.
Time Bonus Multiplier: The multiplier to use for users who meet the time bonus requirements. Ex: A 10% bonus would be a 1.1 multiplier. Ex 2: A double power bonus would be a 2 multiplier.
Click here to see more about how Voting Power Calculations are made using these inputs.
