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  • 1. What is veGOMINING voting?
  • 2. How can I vote?
  1. FAQ
  2. Tokenomics

Voting

PreviousveGOMINING & LocksNextLiquidity Pools

Last updated 23 days ago

1. What is veGOMINING voting?

This is voting on GoMining governance issues. Its main type is voting for the distribution of GoMining rewards.

The vote holders are the ones who determine where the most GoMining rewards go:

  • Extra Solo mining discount — an additional discount on maintenance fees for all Solo miners

  • Miner Wars prize pool — extra GOMINING tokens for personal victories

  • The Greedy Machines power increase — TH upgrade of all miners from The Greedy machines collection

  • Liquidity provider bonus — additional weekly rewards for liquidity providers

The ratio in which GoMining rewards are distributed to these 4 categories depends on the results of .

2. How can I vote?

  1. Go to the My lock section and get veGOMINING votes using your Ethereum wallet if you haven't already done so

  2. Choose the active voting you want to take part in

  3. Select the appropriate answer and click Vote

The weight of your participation in the voting is determined by the amount of your veGOMINING votes on the exact wallet. When you vote, you don't spend votes, you just confirm ownership of them.

Your chosen voting option will remain until you revoke your vote and there is veGOMINING on your balance. If you want to change an option you voted for, you can revoke the vote and vote again.

veGOMINING voting