Voting Process

1. The official site for voting, news and notifications on the cgDAO will be the Governance portal. Voting can also be done on the Snapshot page. The voting process starts with picking a proposal.

• Before voting on a proposal, check the Forum posts to see its previous discussions/feedback.

• Only proposals that are listed as “Active” can accept votes.

• Proposals marked as "Pending" will become active at a specified time.

2. After picking a proposal that you want to vote on, sign in with your wallet through the governance portal.

• Your Voting Power (VP) will be calculated from your balance at the time of the Snapshot. Any difference in VP after a Snapshot can only be used in future Snapshots taken after your balance changed.

• Minimum of 1000 Voting Power for Draft Reviewed Snapshot polls.

• Minimum of 1000 Voting Power for Proposal Snapshot polls.

3. Depending on the voting system/strategy you might have to select the amount of VP you want to use for each choice. You have now completed the voting process.

• The voting period for Draft Review phase will be 3 days.

• The voting period for Proposal phase will be 4 days for low impact and 7 days for high impact.

4. If the proposal has ended it will be displayed as “Closed”. You can now see if the proposal

has been Approved or Rejected.

• Any proposal that is "Approved" will have a 2 day failsafe period before its action is committed on-chain.

• Any proposal that is "Rejected" has to wait 30 days before re-submitting.

• All closed proposal discussions will be stored in the Archives category on the governance forum.

Warning: CG NFTs and internally staked assets are currently weighted in the voting power calculations. External LPs are not included.