Implemented a new voting strategy to allow voting with unclaimed rewards

Timan Rebel - February 8, 2022

DefiPlaza is governed by the DFP2 token holders. They can make proposals at governance portal, powered by Snapshot.org, and when they are approved the team will implement the outcome. To vote on these governance votes we only took into account the balance of DFP2 tokens already in a wallet. It is however possible to create a voting strategy for Snapshot.org that counts both the DFP2 in your wallet and the unclaimed DFP2 from staking as voting power.

The community voted to allow these unclaimed DFP2 from staking as voting power and we set out to develop the voting strategy and to gett it approved by Snapshot.

Today Snapshot approved the new voting strategy and from now on it is possible to vote on new proposals with your unclaimed DFP2 staking rewards, on top of the balance of DFP2 tokens already in your wallet.

When a governance vote is created, a snapshot is taken of the current balance of the DFP2 in your wallet and your unclaimed DFP2 staking rewards. The sum of both balances will become your voting power when the votes opens after a 48 hour window to discuss the new vote.