Frequently Asked Questions about the SwissBorg Referendum

Cyborg @SwissBorg
Jul 18, 2018 · 4 min read

Here are some common questions and issues you may encounter as you participate in our referendum.

What is the Referendum and what purpose do the RSB tokens serve?

Our Referendum is a chance for our CHSB token holders to participate in SwissBorg’s decision making the process by casting a vote and in return receiving a reward for his/her contribution thus helping us understand what our community truly wants.

The RSB token is the necessary vehicle for our CHSB token holders to be able to cast their vote on our platform.

Why do I need to vote?

Your participation in the referendum along with thousands of other CHSB holders, allows us to tap into the swarm intelligence of our community to make key strategic decisions in a democratic way that influences the future of the SwissBorg platform, and we reward you in return.

How and when can I vote?

The RSB tokens will be distributed automatically to the address in which you hold your CHSB tokens.

Important: CHSB tokens held at an Exchange will not receive RSB tokens.

Voting has been opened and closes on the 3rd of August, 2018, 12:00 UTC.

Instructions with Metamask: here.
Instructions to vote Manually:
here

How will I be informed about upcoming referendums?

You will receive updates via our mailing list if you participated in our ICO or registered afterwards. You can sign up to the newsletter here.

What are the transfer fees for the referendum?

RSB tokens will be sent automatically to your ERC-20 wallet address free of charge.

In order to cast your vote, your RSB tokens will have to be transferred to a SwissBorg smart contract address. This is done either through the voting interface or manually, and will require a small amount of ETH.

In general the transaction fee is around ETH 0.000420 (USD 0.20 approx). We recommend having at least 0.001 ETH in your wallet to cover transfer fees.

**Recommended gas usage: between 1–3 Gwei**

Does the RSB token have any value?

The purpose of the RSB token is to cast your vote on a question and receive a reward for your contribution. We do not expect RSB tokens to be listed in any exchange.

Unused RSB tokens will self-destroy after the voting period has ended. You will receive new RSB tokens for every referendum.

Can I keep my unused RSB tokens once the referendum is over?

No, unused RSB tokens will be burned once the referendum ends. We will send new RSB tokens for each referendum

Where and when will I receive my reward?

A smart contract will automatically send you the reward tokens to the same address from which you voted, after receiving your vote.

Please allow some time for the reward to arrive and check your address on etherscan.io to see if you have received it.

Will I be able to receive RSB tokens if my CHSB tokens are stored in my exchange’s account?

Unfortunately, no. To be able to receive your RSB tokens you must hold your CHSB tokens in a Ethereum Native Wallet that you control and own the private keys to.

Why MetaMask? Is there an alternative?

MetaMask is a browser-compatible interface that allows you to interact with the Ethereum network and can be downloaded as an extension for Chrome, Firefox, Opera and Brave.

MetaMask is needed for logging in to our voting platform and it makes it easy to cast your vote.

Any ERC-20 wallet can be added to MetaMask as long as you have the private key.

Alternatively, you can follow this guide to cast your vote making the transfers manually.

What happens if I don’t vote?

Your opinion will not be voiced through the referendum, and you will not receive a reward. RSB tokens not used in this referendum will be burned when the referendum ends, thus disappearing from your Ethereum Native Wallet.

Not voting in this referendum does not exclude you from participating in future referendums.

What are the supported wallets to receive RSB tokens and vote?

To receive RSB tokens and vote you must hold your CHSB tokens in your own ERC-20 compatible wallet to which you have access to the private keys.

I have not received my RSB tokens.

It might take up to three days for your tokens to appear in your account.

Please check your wallet address on etherscan.io under the “Tokens” tab to see if you have received them. Tokens might not be visible in your wallet unless you add the custom token details.

If you did not hold CHSB tokens in your own private wallet during the 1st of July, you will not receive RSB tokens. All the transfers after this block,
5885914, will not be taken into consideration.

What are the token details for the RSB token?

Contract address: 0xea8B30B0bF4aefB965a8FDF0CCacAfd17ad740AD
Token symbol: RSB2
Decimals: 8

What are the token details for the CHSB token?

Contract address: 0xba9d4199fab4f26efe3551d490e3821486f135ba
Token symbol: CHSB
Decimals: 8

I need help and can’t find it here.

If at any point you encounter problems and need help, please join our Reddit community or email support@swissborg.com and we will be happy to help.

SwissBorg

Cyborg @SwissBorg

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Posts from the SwissBorg team — Read more about SwissBorg on our blog : medium.com/swissborg

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