Wault Finance
Published in

Wault Finance

Announcing Governance

As a decentralized protocol, one of the things we at Wault value most is distributed governance, which not only gives a voice to token holders but also allows us to leverage the collective wisdom of our users. As such, we’ll soon be instituting governance processes so token holders can contribute to choosing the future development direction of Wault.

We’ll be launching this in stages. To start, we’ll have a Council of Ambassadors made up of prolific users and moderators, which will maintain close contact with all our users in our socials, collect proposals, and choose the most practical proposals to submit to voting. Below is the list of Ambassadors:


Once a proposal is put to a vote, 20% of the circulating supply of the governance token will have to participate in the vote to reach quorum, and a 51% majority of those votes will have to vote yes for the proposal to pass. There will be no lockup or fee for voting. This will be the general process, and since we have three tokens — WAULTx, WEX, and WEXpoly — we will also have three governance systems following the aforementioned process in the form of Snapshot forums.

— — — — — — — — — — — — — — — — — — — — — — — — — —

WEX will have voting power over WaultSwap related areas on BSC including:

  1. WEX Emissions rates
  2. Development direction of WaultSwap
  3. Usage of treasury funds from trading fees
  4. WUSD collateralization
  5. WPools
  6. Adding/removing farming pairs

-> WEX Governance

— — — — — — — — — — — — — — — — — — — — — — — — — —

WEXpoly will have voting power over the same aforementioned areas but on Polygon.

->WEXpoly Governance

— — — — — — — — — — — — — — — — — — — — — — — — — —

WAULTx will have voting power over all areas external to WaultSwap including:

  1. Launchpad
  2. WAULTx marketing funds
  3. Strategy vaults
  4. Greater site design
  5. New products not related to WaultSwap

-> WAULTx Governance

— — — — — — — — — — — — — — — — — — — — — — — — — —

Going decentralized has been our goal all along and this is a major step in that direction. In the future, we’ll continue to improve and democratize the governance process as well, and we hope all you Wault Warriors will work with us to make the best of the protocol, contributing in placing the bricks to construct this building with your own hands.

If you have any ideas or thoughts, please join us on our socials:

Telegram Discord Twitter




Wault is a cross-chain decentralized finance hub that connects all the primary DeFi use-cases within one simple platform. We make the benefits of DeFi accessible in an intuitive way; saving you from the confusing interfaces, expensive fees, and unknown risks of other projects.

Recommended from Medium

Top 5 Cool Things You Can Do On Amock.io

Visualizing protein-protein docking using PyMOL

Entity Framework Core & Best Practices

Top Golang Frameworks For Programmers in 2022

Golang Web Framework for 2022

11/26 IDEX incentive programs, PERP Update, Instrumental Airdrop

Heroku Migration Failures: pg_try_advisory_lock, no happy endings.

Creating a Bill Split and Tip Calculator Using Python

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


Wault.Finance is a decentralized finance protocol

More from Medium

Introducing Guardian DAO

Introducing Lemur

Updates from Hashstack’s second Community connect

Weekly update: February 12, 2022