Understanding Governance
To vote on the Cashmere DAO, users need to lock vote lock their CSM. By doing so, participants can earn a boost on their provided liquidity and vote on all DAO proposals. Users who reach a voting power of 2500 veCSM can also create new proposals.
There is no minimum voting power required to vote.
veCSM stands for vote escrowed CSM, it's a locker where users can lock their CSM for different lengths of time to gain voting power. Users can lock their CSM for a minimum of week and a maximum of four years. As users with long voting escrow have more stake, they receive more voting power.
You can visit the Cashmere DAO dashboard at this address: "
On this page, you can find all current and closed votes. All proposals should have a topic on the Cashmere governance forum at this address: ' '
If you wish to create a new official proposal, you should draft a proposal and post it on the governance forum. You must also research that it's possible and gauge interest of the community via the Cashmere Discord or Governance forum.
Last modified 7mo ago