Voting
Foundation
The Foundation is committed to supporting the growth, development and sustainability of the agreement. The Foundation manages the multiple signatures of the agreement. The Foundation's affairs include:
• Community DAO-led initiatives, such as rewards for contributors.
• Partnerships with other eco-protocols and organizations.
• Agreement operations.
• The day-to-day maintenance of the protocol.
How to participate in governance?
To participate in governance, Torah Finance users need to lock their TRH into a voting escrow.
What are veTRH?
veTRH stands for voting escrow TRH. They are your TRH locked for voting. The longer you lock your TRH for, the more voting power you have (and the bigger boost you can reach). You can vote lock 1,000 TRH for a year to have a 250 veTRH weight.
Your veTRH weight gradually decreases as your escrowed tokens approach their lock expiry.
Get more voting power by locking your TRH for a longer period of time.
Can I start voting right away?
You can only vote using your voting weight at the block where a proposal was created.
How to vote?
Users get the right to vote veTRH by locking TRH and participate in community voting. There is no minimum voting requirement to vote.
Proposals that have a significant impact on the protocol, or that have a high level of community participation, will be discussed on a conference call. Once discussed on the conference call, proposals will be held for 1 week for review by the Foundation.
There is a 14-day window for voting on core proposals, a 7-day window for protocol-level proposals, a 5-day window for general proposals, and a 1-day window for emergency proposals.
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