With MOC Tools
A step-by-step tutorial on how to participate in governance using MOC Tools
Last updated
🇬🇧 MOC English
A step-by-step tutorial on how to participate in governance using MOC Tools
Last updated
Step 1: Go to https://moc.moneyonchain.com/vote
Step 2: Check the registered proposals. If there are no active proposals, the following screen will appear:
Here it is very important to ensure which proposal you are voting for.
First, check the Address Change Contract, which in simple words, would be like the proposal ID.
A recommended practice is that users validate that the Address Change Contract matches the address provided in the Money On Chain Forum by the proposal developers and the proposal code in the RSK block explorer.
Step 3: Vote. As mentioned above, you may find the proposal in the Pre-Vote or Voting phase. Here is what to do in each case:
If the proposal is in the Pre-vote phase:
Vote by pressing VOTE.
You can only vote in favor of the proposal at this stage, and if you show your support, you do not have to do it again at the Voting stage.
If the proposal is in the Voting phase:
Two options will appear, vote for and vote against.
To vote in favor, you must tap on VOTE IN FAVOR.
To vote against, you must tap VOTE AGAINST.
After selecting the option of your choice, it's all set. You will have voted in MOC decentralized governance.
However, regardless of whether it is a proposal in the Pre-voting or Voting phase, for users to be able to vote, they need to have MOC tokens at stake.
Step 4: wait for the voting results.
Currently, the Voting process for a proposal takes seven days, so within a week after the voting process has started, the MOC holders will be able to know the results.
At this point, there are only two possible scenarios:
If the proposal is approved, the developers will implement the changes.
If the proposal is rejected, everything will continue as it was.
Here it concludes the tutorial on how to vote on the protocol proposals.
If you have any doubts or questions regarding the process, remember that our Badgers are available in the protocol channels.
