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Voting

Voting will occur on the Puffer Governance Hub and requires you to have staked vePUFFER. See the vePUFFER section for more information.

Minting vePUFFER​

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Instructions are subject to change.

To mint vePUFFER, first claim your PUFFER tokens from the official claims page. alt text

Once you have claimed your tokens, you will need to approve the vePUFFER contract to spend your PUFFER tokens. Your vePUFFER voting power will start proportional to the amount of PUFFER you stake and increase the longer you hold the NFT.

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The minimum stake amount is 70 PUFFER as outlined in the vePUFFER parameters.

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Once you have approved the vePUFFER contract, you can stake your PUFFER tokens. The vePUFFER NFT will be sent to your wallet. alt text

Congratulations! You now have vePUFFER and can participate in governance.

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There is a three day warmup period after minting your vePUFFER tokens before you can start voting - see the vePUFFER section for more details.

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How to Vote​

Proposals are first created and discussed on the Governance Forum and then posted to the Puffer DAO Hub for voting.

  1. Navigate to vote.puffer.fi
  2. Connect your wallet
  3. View proposals on the Latest proposals window or via the Community tab alt text
  4. Select the proposal to read more about it alt text
  5. Vote on proposals by clicking the Vote button

The proposal passes unless rejections outnumber approvals after the voting period has ended. Specifically, a proposal is approved if:

  • Approvals exceed or equal rejections
  • No votes are cast (effectively treated as equal approvals and vetoes)
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Initially the votes will be cast using Snapshot voting. In our next phase we will transition to fully on-chain voting.