Voting
How to Vote?
Voting within PikuDAO is designed to be straightforward and accessible for all sPIKU token holders. By staking Piku utlity tokens, users can earn sPIKU tokens, which represent their voting power within the DAO.
Hereβs how the voting process works:
Proposal Submission: Community members can submit proposals related to Pikuβs development. Each proposal will undergo a review process before being made available for voting.
Voting Period: When the voting period opens, sPIKU token holders can cast their votes. Each sPIKU token represents one vote, allowing holders to influence key decisions regarding the project.
Delegation: sPIKU holders have the option to delegate their voting power to other members. This enables those who may not have the time to vote directly to still participate in the governance process, and still earn Piku tokens as a reward for their delegation.
Voting Results: After the voting period ends, results are announced and implemented by the PikuDAO team.
Conclusion
PikuDAO empowers its community members to actively engage in the governance process through voting and delegation. By participating in these processes, sPIKU holders can influence the development of the Piku ecosystem and help steer it toward a stable and prosperous future.
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