C.o.R.E.3 Voting Begins This Monday, May 2nd
Attention Tokemech Pilots that may have had one too many in the Leaky Reactor: we know those Offworld Carajillo’s are tasty but it’s time to sober up and report for duty. C.o.R.E.3 is rapidly approaching and voting starts this Monday, May 2nd.
An Ice Cold C.o.R.E. Refresher for a Groggy Pilot
C.o.R.E., short of Collateralization of Reactors Event, is where TOKE stakers (as well as LP TOKE/ETH stakers) vote for the next round of Token Reactors. A friendly yet competitive governance event where communities are known to rally around their preferred protocols / token projects to try to kickstart a Token Reactor for active liquidity deployment. The event lasts one week (ending on May 9th), and only the top five Reactors to receive the most votes will progress to the Reactor activation phase.
If you’ve participated in a C.o.R.E. before, you’ll find a familiar interface (seen above) where your votes can be submitted, removed, and rearranged at any time. This is all done through an gasless wallet signature, so no worries if you’re an indecisive Pilot and want to change your votes and/or allegiances at any time throughout the week.
So long as you have your TOKE or TOKE/ETH SLP tokens staked in Tokemak, your votes will auto-populate and you’ll be ready to start allocating at the start of the event. You can add votes at anytime by staking more TOKE, but it’ll take about 15 minutes before your votes will appear on the C.o.R.E. page.
At any given time, you can see what place a Reactor’s in and how far away they are (in terms of votes) from reaching the top five. If the Reactor you want is closing in on a top five position, it’s time to rally the troops. Historically, there have been some shockingly close calls near the end of the event, so if the Reactor you want is in fifth place, don’t get cocky until the fat lady sings, Pilot.
C.o.R.E.3 will begin midday PDT this Monday, May 2nd — the moment isn’t precise as it depends on final testing before we push live, but we will continue to update everyone in the Discord.
It will end on May 9, 7PM UTC (12PM PDT).
The final weighting for voting remains the same from C.o.R.E.2.:
1 liquid staked TOKE = 6 votes
1 staked LP token = 69 votes
1 locked (vesting) TOKE = 1 vote
Unlike C.o.R.E.2., there is no carryover bonus for C.o.R.E.3; ’tis a blank slate.
Those contenders that fell short from C.o.R.E.2 making their grand return are: 1INCH, AAVE, ALPHA, API3, AXS, BADGER, BAL, BANK, BIT, BNT, COMP, CRV, CVX, FTM, GRO, INDEX, LDO, LINK, LQTY, LUNA, MATIC, MKR, NEAR, PERP, RAI, REN, RUNE, SPELL, TEMPLE, TRIBE, UNI, YFI, YGG, ZRX
There are exciting new challengers in the mix now, vying for a Reactor of their own: ANGLE, APE, BICO, BTRFLY, CNV, DODO, DYDX, ENS, GALA, GFI, IMX, JPEG, PAL, PREMIA, ROOK, SDT, SILO, STG
This past week we’ve been hosting some projects in the Tokemak Discord for some short AMAs to introduce themselves to the community. We’ll be having more tomorrow and even into next week, so be sure to stop by the Discord to see the schedule, which can be found here:
The exact time of when C.o.R.E.3 kicks off will be announced shortly before the games begin, so be sure to follow along:
And as always, stop by on Sunday in the Discord for a drink with us in the Leaky.