The seventh Nebulas PoD mainnet governance cycle has begun!

Satoshi Bytes
Oct 26, 2020 · 2 min read
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On October 25th, the 7th PoD governance vote on the Nebulas Voyager mainnet began!

Voting Details

Voting time: Will will last between polling cycles 22528–23347. This will last approximately from October 25th 6:35pm — October 30 3:35am, 2020 (Beijing time UTC+8)

Governance incentives

Selected governance nodes need to vote on ALL proposals and projects to gain governance incentives. The incentive is based on the number of governance nodes in one governance cycle. If all governance nodes participate in the vote, each node will receive about 800 NAS in governance incentives.

What is a PoD governance vote?

Within the Nebulas PoD ecosystem, every 820 polling cycles (approximately 1 month), a governance cycle is held. The top 51 nodes that produce the most blocks in a governance cycle will be selected as governance nodes and vote on projects listed on Go.nebulas that are not closed as well as projects entering the testing phase. All governance nodes need to vote within 120 polling cycles (approximately 5 days) once the cycle begins.

Benefits

Open transparency: PoD governance voting data is public with all the information available.

PoD governance vote history:

The historical details for all governance cycles can be seen at https://node.nebulas.io/govern

Learn more about Nebulas:

Nebulasio

Nebulas is an autonomous metanet.

Satoshi Bytes

Written by

Blockchain investor, miner and trader. My focus is block tech evolution combined with innovative concepts that improve the world!

Nebulasio

Nebulasio

Nebulas is an autonomous metanet. The future of collaboration is coming.

Satoshi Bytes

Written by

Blockchain investor, miner and trader. My focus is block tech evolution combined with innovative concepts that improve the world!

Nebulasio

Nebulasio

Nebulas is an autonomous metanet. The future of collaboration is coming.

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