This article was first published on Nebulasio - Medium
On October 25th, the 7th PoD governance vote on the Nebulas Voyager mainnet began!
Voting time: Will will last between polling cycles 22528–23347. This will last approximately from October 25th 6:35pm — October 30 3:35am, 2020 (Beijing time UTC+8)
Voting address: https://node.nebulas.io/govern
The Nebulas community is welcome to view the node platform and review the governance committee nodes, proposals, projects and to keep up with the voting progress!
Voting participants: 51 governance nodes, which consists of many node operators such as the exchange gate.io, professional mining pools and private pools such as Allnodes, Everstake, InfStones, itokenpool, keys, Lianke Community, MRH2, NAX.ONE, StackOfStake and many more.
Voting method: Selected nodes will vote via the Nebulas governance portal. All nodes have a governance address and from this address, they will cast one NAX towards each proposal based on their preferred opinion.
Proposals to be voted: 7 projects and proposals.
Selected governance nodes need to vote on ALL proposals and projects to gain governance incentives. The incentive is based on the number of governance nodes in one governance cycle. If all governance nodes participate in the vote, each node will receive about 800 NAS in governance incentives.
If a consensus node becomes a governance node for two consecutive governance cycles without taking part in governance voting and voting for ALL proposals, the node will not be able to be selected as a governance node for 820 consensus polling cycles (approximately one month). If selected, be sure to vote on ALL proposals to avoid governance penalties.
What is a PoD governance vote?
Within the Nebulas PoD ecosystem, every 820 polling cycles (approximately 1 month), a governance cycle is held. The top 51 nodes that produce the most blocks in a governance cycle will be selected as governance nodes and vote ...
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Nebulasio - Medium