DigixDAO Governance Model — Update #8

Digix Writer
2 min readJul 31, 2018

Upcoming Carbon Voting

Link to voting website

The carbon voting for the two important DigixDAO parameters will start on 1st August 2018 8:00 UTC as scheduled. The two parameters are:

  • The portion of the total DGX rewards per quarter that goes into the moderator rewards pool.
  • The minimum amount of DGDs the moderators need to lock in per quarter.

Please refer to our previous updates or this document to read more about the two parameters or the governance model.

The known exchanges’ addresses will be excluded from this carbon vote (because the DGDs in those wallets technically belong to the users and not the exchanges).

Reputation bonus for carbon voting participants

To incentivize participation, we will be rewarding users who participate in the carbon vote with a fixed amount of initial reputation points when the DigixDAO contracts launch, if they use the same address to register.

Carbon voting instructions:

  • You can only vote using one of the following Ethereum wallets: JSON wallet file, ledger wallet, metamask or trezor
  • You cannot vote from an exchange wallet or any other wallets.
  • Note for ledger wallets: you will need to enable both browser support and contract data on your ledger’s Ethereum wallet settings.

Please refer the below videos for instructions on how to cast your vote in this Carbon Voting.

  1. Ledger Nano

2. JSON Wallet File

The steps for using Metamask or Trezor would also be similar to the above.

Beware of scams:

  • Please note that you don’t need to send DGDs out of your wallet in this carbon voting.
  • The only place where you should vote is on our website, at this link. Please double check that the domain is digix.global
  • Any other websites or places that ask you to send out your DGDs for this carbon voting will be scams.

We always appreciate feedback from the community on any angles, so do drop us a note or join our channels below:

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Digix Writer

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