Vote

To learn about the core concepts of GnoSwap Governance, visit the Governance page.

1. Locate the Governance menu

Hover your cursor on the arrow icon to expand the menu and click on Governance in the header to visit the Governance page.

2. Click on a proposal to vote on

Under the list of proposals, click on a proposal in an Active state.

Various states of proposals

Proposals exist in various state based on its stage and outcome

  • Upcoming: The proposal has been uploaded, but the voting period has not yet begun.

  • Active: The proposal is available for voting.

  • Passed: The proposal has reached the quorum and 50% or more voters have voted Yes.

  • Rejected: The proposal has failed to reached the quorum or less than 50% of voters have voted Yes.

  • Cancelled: The creator of the proposal has cancelled the proposal.

3. Vote on the proposal

Carefully read the proposal and cast your vote. You may choose Yes to indicate that you support the proposal, or choose No to indicate that you're against the proposal. Each xGNS you own translates to 1 vote. Once you've made your decision, click on Vote to proceed.

Your votes are irreversible!

You CANNOT change your vote once you complete your transaction. Be sure to thoroughly read the descriptions and understand the outcome of the proposal before you cast your vote.

4. Approve your transaction

Once you click on Vote, a pop-up from Adena will appear in a new window, prompting you to approve the transaction. Click on Approve to proceed.

5. Check your vote

Return to the proposal to confirm your vote. The option you've chosen will be tagged with the Voted label.

6. (Optional) Execute the proposal

Once the proposal passes, a separate transaction must be created to execute it. This can be done by anyone. To do so, click on the Execute Proposal button on the right side of the passed proposal card. Once the proposal is executed, the button will disappear.

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