How to Vote a Skelpy Delegate
Skelpy Democratic Blockchain System
Skelpy uses DPoS (Delegated Proof of Stake) consensus in order to produce / confirm blocks.
Read first this: Frequently Asked Questions
You can use your Skelpy(SKP) to vote or un-vote a delegate.
In this short guide we’ll show you how you can vote (cast a vote towards the delegate you choose ) whether it is yourself or another community member you wish to support, like projects, pools, or a friend, or to un-vote a delegate you are already voting for in case you decide you want to change the vote to someone else.
Voting from your Skelpy wallet can provide you with extra SKP due to the forging rewards that are processed by delegates. Rewards are awarded to 51 top ranked active delegates.
First if you haven’t, you will need to download and install the Skelpy Desktop Wallet from here Skelpy Desktop Wallet and then import and access the wallet you want to vote from.
If you want to register a delegate yourself, you should follow this guide first:
How to Register a Skelpy Delegate.
Some basic voting info :
1 SKELPY ADDRESS CAN VOTE FOR ONLY 1 DELEGATE AT A TIME
If you wish to vote for more than 1 delegate, split you wallet in more Skelpy addresses and repeat the vote process — for example, send the amount you wish to vote from the second wallet to the second wallet.
1 SKP EQUALS A VOTING WEIGHT OF 1
The more Skelpy you hold, the more weight you hold in your possession — but note that if you split the wallet your voting power splits with it. For example, if you have 1,000 SKP your voting power is equal to 1,000 SKP, if you split that in to 2 equal wallets each having 500 SKP the voting power of the 1st wallet will be 500 SKP and the 2nd one 500 SKP.
EACH VOTE OR UN-VOTE COSTS 1 SKP
When you vote for a delegate it costs 1 SKP. When you un-vote, the cost is the same 1 SKP.
Don’t know who to vote for or support with your Skelpy?
Read the proposals on our forum from our current list of delegates and vote according to your plan: Delegates & Proposals
Casting your 1 Vote to a chosen Delegate
- Click on “IMPORT ACCOUNT” if you already have a Skelpy address but haven’t yet imported it into your current installation of the Skelpy Desktop Wallet.
- Click “CREATE ACCOUNT” if don’t have a Skelpy Account.
Note that you will need to deposit SKP tokens first in order to pay 1 SKP for the vote.
- Click on your wallet address if you have already imported your Skelpy address.
CLICK ON “VOTES TAB”
CLICK ON “ADD DELEGATE”
- Select from the drop down menu if the delegate you wish to vote for is currently forging, if the delegate you wish to vote for is not in the top 51 then start with STEP 2
- STEP 2 ->Type in the delegates name exactly as it is.
- Click “NEXT”
CHECK THE DELEGATE
CLICK ON “VOTE” BUTTON
ENTER THE PASSPHRASE AND CLICK ON “NEXT” BUTTON
CONFIRM THE TRANSACTION
THE TRANSACTION “VOTE” IS COMPLETED
Un-Voting a Delegate
UNCHECK THE DELEGATE
CLICK ON “VOTE” BUTTON
ENTER THE PASSPHRASE AND CLICK ON “NEXT” BUTTON
CONFIRM THE TRANSACTION
THE TRANSACTION “UN-VOTE” IS COMPLETED
That’s it for Voting & Un-Voting Delegates within the Skelpy Blockchain. Remember, you only have one vote per wallet. Should you want to vote for more than one Delegate, split of the amount of voting weight you wish to vote by creating additional wallets.
If you need assistance or have any suggestions join our any one of our groups. An admin will be happy to assist.
