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.
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 tally the votes. If the proposal is voted into a Resolution, then it can be found under All Proposals / Resolutions.
Last updated
