To get started with the DAO, visit the AllianceBlock DAO Commonwealth page.
Here, you must connect a wallet in order to use the DAO. Make sure the wallet you’re using holds the relevant tokens for participating in the DAO (NXRA).
After connecting your wallet you will be taken to the homepage of the DAO featuring a list of all currently active proposals.
Voting power is calculated from the total balance of NXRA & specific ecosystem actions associated with the wallet connected with the DAO. The DAO looks at both your staked and unstaked balances, so you do not need to unstake any NXRA to achieve your full voting power.
Voting power is represented as “VP”. At AllianceBlock we believe in the power of collective intelligence, and have therefore created a voting system in which all votes are created equal and voting power can only be increased by performing certain actions in the ecosystem that signal long-term commitment to the AllianceBlock mission and vision.
VP is calculated as follows:
VP is capped at 4 per individual, which is achieved by having more than 5,000 NXRA, Platinum Tier status in Fundrs and having staked in the Hardcore 4yr NoMercy Pool.
If your NXRA balance changes, it will affect your voting power, but only on proposals that are created after your balance changes.