Proposing and Voting Powers

Direct Source: https://docs.dydx.community/dydx-governance/voting-and-governance/voting

There are two powers associated with each DYDX token:

  • The proposing power gives access to creating and sustaining a proposal.

  • The voting power is used to vote for or against existing proposals.

DYDX holders receive governance powers proportionally to their sum of owned and delegated tokens at a given block.

Proposing Power =Proposing Power from DYDX token + Proposing Power from staked-DYDX token + Proposing Power from DYDX token received as delegatee - Proposing Power from DYDX delegated

Voting Power =Voting Power from DYDX token + Voting Power from staked-DYDX token + Voting Power from DYDX token received as delegatee - Voting Power from DYDX delegated

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