Woken Certified Projects : vote market
With the $WKN, Woken Exchange's native token, you can vote for the time changes of a Woken Certified project.
Voting strategy Woken Certified Projects
Applied to all Certified Projects (may be modified in protocol proposals)
PairAdminDao only can submit a proposal
0 WKN
Minimum required to vote
1000 WKN
Quorum
300 000 WKN
Quorum percentage to validate a proposal
60 %
Time before voting
1h
Time for voting
48h
Types of proposals and votes for Woken Certified Projects
Trading hours for a Woken Certified Project
Validation of a Certified Project trading hours will always be community-based.
Proposal submitter
PairAdminDao only
Persons authorized to vote*
WKN Holders
Enable / Disable Timekeeper
Enable or disable the Timekeeper of a Woken Certified Project will always be community-based
Proposal submitter
PairAdminDao only
Persons authorized to vote*
WKN Holders
Persons authorized to vote* All the WKN holders can vote for the trading hours of a Certified Project, even if they do not hold the token of the certified project itself.
As there are no rewards associated with voting for the trading hours of certified projects, we anticipate that only those with a real interest in the project will exercise their right to vote.
Nevertheless, the off-chain voting system offers the flexibility to adapt voting strategies in a more targeted way if necessary, such as the requirement to hold both WKN and the token of the certified project in order to vote.
Woken V2: Switching a Woken Certified Project to the Sleep Mode
Exclusive feature for Certified Projects, which will be release on Woken V2 according to our roadmap.
Validation of a certified project's transition to Sleep Mode will always be community-based.
Proposal submitter
PairAdminDao only
Persons authorized to vote*
WKN Holders
Last updated
