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Free Flowing Easy Vote System
The farming style voting everyone is familiar with
The existing system of Epoch and NFTs presents several obstacles that prevent users from smoothly navigating the vote-reward-bribe cycle. The primary challenges include:
- 1.Voting power needs to be divided among each NFT for each Epoch, a process that is both cumbersome and gas-inefficient.
- 2.After casting a vote, users are bound to their choice for a week, even if a whale votes for their pool and consequently diminishes their APR.
- 3.A variety of tokens, including bribe and rebase tokens, are spread across different pools, making the calculation of actual profits complex and gas-intensive.
- 4.From a protocol perspective, if a bribe is offered mid-Epoch, users might lack sufficient time to vote for the associated pool, potentially leading to an underrepresentation of deserved votes.
To address these challenges, we've transformed the voting process to resemble familiar farming mechanics. In this user-friendly approach, bribes are continually mined every second through the staking of veVC tokens.
Last modified 4mo ago