CDO - based voting power
Each CDO staker and liquidity provider will be automatically entitled to participate in Candao governance. The voting power of each entitled community member is calculated based on their CDO staking score.
votingpoints=stakingscorerewardsmultiplier voting points = staking score rewards multiplier
The above equation is subjected to reward multipliers unlocked as the staking score gets higher. For example, community members with accounts at level 7 will have x3 times as much voting power derived from their staking scores (for example, a Candao member with a 150 000 staking score will get 450 000 voting points).The above equation is subjected to reward multipliers unlocked as the staking score gets higher. For example, community members with accounts at level 7 will have x3 times as much voting power derived from their staking scores (for example, a Candao member with a 150 000 staking score will get 450 000 voting points).
Voting points are calculated per vote. They are not a separate token but the "weight" of a user vote.
Example: John has 450 voting power, Alex has 1500 voting power, and Tony has 1000 voting power.John and Tony voted to reject the submitted proposal, but Alex voted in favour. The issue has been accepted as the final voting count is 1500 in favor versus 1450 against.
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