Vote
Last updated
Last updated
※The process of voting against a proposal will be similar to the process of voting for a proposal.
Step 1
On the recent proposal list screen, click on the proposal users want to vote for --> Redirect to the proposal details information.
Conditions
Only proposals with Active status can be voted on.
To make a successful vote, users need to have at least a certain amount of GT that differs among each type of proposal. For details, please refer to the “Proposal Type” Table.
Step 2
Click the "Vote for" button --> Display the “Vote for proposal” popup
The system will automatically record that you vote for all available GT/FRTS amounts in your account. You will not have to pay a fee (FRTS) to make a vote transaction.
Step 3
Enter PIN
Step 4
Click the “Confirm” button to confirm the vote.
Step 5
The system checks the valid value. If the PIN is correct --> Voting is done successfully
Note:
Users can vote for many proposals.
In a proposal, the user can only vote once.
Each vote will count all the GT that the user owns (including the amount that was locked when creating the proposal and the available amount).
The GT used for voting is not locked. The available GT is still used for transactions.
Voting Process
※ The voting process for all types of proposals will be similar. However, each type of proposal will have different parameters such as proposal creating conditions, voting time, and success conditions. For details, please refer to the “Proposal Type” Table.
1
Pending: When a governance proposal is created, it enters a 2 day review period. The FRUITS Organization considers to approve or reject the proposal. Active: Proposal is approved by FRUITS Organization
Rejected: Proposal is rejected by FRUITS Organization.
2
Proposals with Active status will enter Voting period.
3
Queued: if the proposal meets the success conditions, it will be in the queue for execution.
Or Defeated: The opposite of “Queued”
4
Executed: FRUITS Organization designates proposal execution.
Or Expired: If after 30 days of waiting, FRUITS Organization has not specified execution, the proposal expires and the result is not valid.
※ Note: At Pending, Active, Defeated status, the proposal creator can cancel the proposal. The system will cancel the result of the proposal at that time.