How to use LuaSwap Snapshot for governance voting
Holding the LUA/xLUA token means holding a share in the governance of the protocol. All LUA/xLUA holders can decide the subsequent chains to implement LuaSwap on, how much LUA to distribute to LPs...
then click on Using LUA/xLUA to vote on LuaSwap proposals in the Governance tab
Note: You need to have at least 1 LUA in your wallet to be able to create a proposal on LuaSwap Snapshot. Keep the LUA balance greater than 1LUA on the snapshot block to ensure the proposal is valid.
Fill out the Title and your community proposal. Select the desired voting options
Select the start date/the end date
Currently, the LuaSwap snapshot allows users to vote with both LUA and xLUA for governance
Step 1: Go to https://snapshot.luaswap.org and make sure you connect with wallet provider where you hold relevant token
Step 2: Choose the proposal then click on the option you want to vote for
Note: A user’s voting power is based on the snapshot of unlocked LUA balance in his/her account at the snapshot block in the proposal's information page.
Step 3: Sign the message via your wallet and done.
This number is important to lock the state of community members who are able to vote.
Meaning that if you attempt to vote on a proposal and block number is in the past, and you weren't holding required token yet, your vote will not be counted.
H = h + ((t1 — t0) / a)Where:
H= target block heighth= current block heightt0= current timestamp (in seconds)t1= target timestamp (in seconds)a= average time to solve a block (in seconds)
Or...
last_block_number + ((future_time - time_now) / block_time)So, for example, using a current epoch time of 1481214124, the epoch time of 1482537600 for midnight Christmas Eve, and the last block of 2771338:
2771338 + ((1482537600 - 1481214124) / 14) = 2865872
Last modified 2yr ago