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