EverDAO is a governance tool which allows users to create proposals in order to choose the direction of further development of the Everscale network and vote for or against it.
Using EverDAO is simple, however, there are some prerequisites for participation:
- To create a proposal on EverDAO platform you’ll need to stake 100,000 wEVER tokens.
- To vote on already created proposals you’ll need to stake any amount of wEVER tokens.
- Individual voting power depends on the amount of staked wEVER tokens you own.
If you’re not familiar with wEVER, it is a wrapped token which you’ll need for using EverDAO. To wrap (and unwrap) EVER/wEVER head to: https://wrappedever.io/
Example Voting Process on EverDAO
Here is the #1 First Gov 2.0 proposal:
- Go to EverDAO website — https://everdao.net/staking/my
- Connect Ever Wallet
- Select the option to “Stake’’ and indicate the total amount of wEVER tokens you’d like to stake for voting. Please note, throughout the process of the vote, your wEVERs will remain locked.
4. Go to the Proposals sections and choose the proposal you would like to vote upon.
5. Cast your vote (“Vote For” or “Vote Against”) by clicking one of the following buttons.
6. Next, you will be asked to explain the reason for your decision (optional).
7. Confirm the voting transaction.
And you’re done! Now time to sit back and watch the rest of the community have their say.
