LogoLogo
  • Swarm Network
  • Swarm Network
    • Network Governance
      • Getting started
      • Voting App
      • The Swarm Network
        • Powers
        • Governance
        • Members
        • Swarm Council
        • Treasury
      • Initiating Governance Actions
        • Introduction
        • Proposals
        • Ballot Types
        • Submitting a GAP
      • Governance Action Voting Process
        • Ballots
        • Retrieving the text of previous ballots
        • Voting
    • SWM Token
    • SWM Staking
  • Swarm Protocol
    • SRC20
      • SRC20 Token Contract
      • Transfer Rules Contract
      • Featured Contract
      • Roles Contract
      • SRC20 Registry Contract
      • Asset Registry Contract
      • Minter Contract
      • SRC20Factory Contract
    • Swarm Powered Fundraise
      • Uniswap Proxy Contract
      • Currency Registry Contract
      • Affiliate Manager Contract
      • Swarm Powered Fundraise Contract
      • Contributor Restrictions Contract
    • mySwarm.app
    • kovan.mySwarm.app (test version, please use this)
    • Mumbai Testnet
  • Open tools
    • Legacy Masternode Reward Collection
    • VerifiedExistence
    • Market Access Protocol
  • Keep up
    • Blog
    • Twitter
    • Discourse
    • Telegram
    • Voting App
    • FAQ
Powered by GitBook
On this page
  • Public Display of Ballots
  • Voting Rights
  • Voting Protocol
  • Default Masternode Delegation

Was this helpful?

  1. Swarm Network
  2. Network Governance
  3. Governance Action Voting Process

Voting

PreviousRetrieving the text of previous ballotsNextSWM Token

Last updated 5 years ago

Was this helpful?

Public Display of Ballots

Governance Action Ballots will be displayed and will be open for voting for seven days at or another public channel designated by the Swarm Council.

Voting Rights

Each SWM token grants its holder the right to cast one vote in any referendum. Members, only, are allowed to take part in the Governance Action Voting Process.

Voting Protocol

  • Members may vote on a GAB at any time during the voting period.

  • Members are free to change their votes whenever they want during the voting period.

  • A Member may delegate their voting rights to any other Member.

Default Masternode Delegation

In order to encourage an engaged community, and to better facilitate thoughtful consideration of Governance Action Ballots (GABs) by the community, the Swarm Network applies a Default Masternode Delegation for non-voting tokens.

If a Member does not vote in a referendum on a GAB, the voting rights associated with her SWM tokens are reallocated pro rata and according to the relative amounts of SWM held in their wallets, to the Members owning active masternodes that have voted on the GAB.

How to calculate voting results including Default Masternode Delegation:

  1. Retrieve all the voting events from the ballot’s smart contracts; to identify the corresponding smart contract click on “i” of each ballot in the

  2. Retrieve the SWM balances for all the voted wallets

  3. Retrieve the active masternode wallets from and identify those wallets who voted within the ballot

  4. Prorate the results from those masternodes who voted across the SWM in circulation, which was not voted with within the ballot

  5. Add the prorated results to directly casted votes and calculate the result now including default master node delegation

https://voting.swarm.fund
voting app
https://masternodes.swarmnetwork.org/