Governance

$HOME owners (those holding $HOME and/or staking $HOME) can influence the future of Defi App by suggesting and voting on governance proposals, called Defi App Improvement Proposals (DIPs).

See active and past DIPs in Defi App's Snapshot space or explore the Defi App governance portal.

Suggesting

Join the discussion on Discord to make suggestions for upcoming DIPs.

Voting

You can vote on active proposals via the Defi App governance portal. Your voting power is calculated based on your account's total $HOME balance, both staked and liquid.

Staked HOME tokens are deposited in official Defi App staking contracts that contribute to protocol security. Learn more about staking $HOME here.

Liquid HOME tokens aren't staked, and so are available to trade.

Your voting power is equal to 80% of your staked $HOME, plus 20% of your liquid $HOME.

Formula

Voting_Power = (Staked_$HOME * 0.8) + (Liquid_$HOME * 0.2)

Constitutional DIPs

Constitutional proposals change the mechanics of governance. They require more voting power than non-constitutional proposals in order to pass.

For the most up-to-date information on the constitutional proposals in effect, see Defi App's Snapshot space.