Ink Finance Guide
  • About Ink Finance
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  • For all DAO Users
    • All Proposals
      • Open for Vote
      • Resolutions
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    • My Activates
      • Collect Pay
    • Tech Detail
  • Appendix
    • Ink Economy System
      • QUILL Token Distribution, Vesting, and Usage
      • Ink Economy Rules in Detail
    • The INK Modules and Use Cases
      • Products Module
        • A Product of Equity, Property, or Rights
        • Fixed Income Products with Option-like Risk Control
        • Asset Management Products
      • Governance Module
        • The Top-down DAO Building Blocks
        • On-Chain Reputation
      • Multichain Module
      • Integration Module
    • Litepaper Quick Link
  • Ink Whitepaper
    • Background
    • Ink Finance Overview
    • The INK Modules and Use Cases
      • INK Products Module
      • INK Governance Module
      • INK Multichain Module
      • INK Integration Module
    • QUILL Token Economics
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  1. For all DAO Users
  2. All Proposals

Open for Vote

This shortcut is followed by a DAO member to cast vote on proposals, or by proposing managers to tally votes on expired proposals.

PreviousAll ProposalsNextResolutions

Last updated 2 years ago

A member of a DAO who has staked the DAO's governance tokens can vote on an unexpired proposal by pledging some of the staked tokens that are calculated into the number of effective votes. Some DAOs require their voters to hold the DAO-issued badges as qualifiers.

Each user wallet can cast votes in the same direction ("Yea" or "Nay") repeatedly, but votes of opposite direction from the same wallet are not allowed.

When casting "Yea" (up vote), a voter approves all articles of the proposal being voted on. When a user casts "Nay" (down vote), INK expands the proposal into details and allows the voter to specify which article(s) he/she disapproves. In the case of an article being numeric, some DAOs will require a reason for the disapproval ("too low" or "too high").

All votes must be casted before the expiration of a proposal, and the length of the open period is set up by the Proposer. When an open proposal expires, the proposer must . If the proposal is voted into a Resolution, then it can be found under All Proposals / Resolutions.

tally the votes
Casting votes on an open proposal