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, Crus users need to lock their Crus into a voting escrow.

What are veCrus?

veKEN stands for voting escrow Crus. They are your Crus locked for voting. The longer you lock your Crus for, the more voting power you have (and the bigger boost you can reach). You can vote lock 1,000 Crus for a year to have a 250 veCrus weight.

Your veCrus weight gradually decreases as your escrowed tokens approach their lock expiry.

Get more voting power by locking your Crus 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 veCrus by locking Crus 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.