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Stake Weighted Voting

stkvt.worlds

This contract acts as an intermediary between the DAO token contract and the Custodian voting contract to enable custom manipulation of the staked tokens data to suit a specific DAO. The code logic in this contract converts the tokens staked with the time they are staked to provide a vote weight, which is then used in the custodian voting contract to determine the vote weight as applied to the voting.

The current formula works as follows:

Vote_Power = staked_tokens * (1.0 + unstake_delay * time_multiplier / max_stake_time)

Actions:​

Update the config - updateconfig​

The configuration for this contract can be updated can be updated via this action with the only parameter that can be updated being the time_multiplier as referred in the forumla above. Each DAO can customise this setting to suit each DAO.