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Governance

Four Token holders will have the option to access exclusive governance features.

Empowering Dedicated Contributors

To ensure that voting power is allocated to individuals truly dedicated to our project, we've designed the system in a way that only Four Token holders can participate in voting. Four Tokens owners showcase their long-term commitment and become eligible to influence project directions.

Voting on Snapshot

Voting on SnapShot is not yet available!
Snapshot is a decentralized voting signaling system that allows ERC-20 Four Token holders to signal their preferences on 4P Project proposals but will at this stage not replace the governance structure. Voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain. 4P is using Snapshot to allow users to signal their preferences on the project proposals.
Note: Snapshot votes are NOT binding, they allow Four Token holders to signal their preferences on 4P proposals.
4P uses the Snapshot platform to take a “snapshot” at a certain block. This snapshot dictates the voting power of each wallet, where 1 $FOUR = 1 vote. The platform weights votes by the amount of a given token a participating wallet address holds. Once a proposal reaches public referenda, token holders can vote on it using their own Four Tokens.

Voting Eligibility

“minBalance” of 4k ERC-20 Four Tokens are needed to contribute a vote Each voter may select a single choice to give his total voting power to

Strategie(s)

We use various voting strategies, for example, a “balance-of-with-min” strategy is used to check whether the participant has a minimum amount of tokens required to vote. “minBalance” of 4k ERC-20 $FOUR has been set, which equals the minimum balance required to vote on a proposal.
Voting system: Single-choice voting, multichoice voting Voting types: Signal check, grant proposal, implementation proposal, and other Voting time frame: Start and end date specified

Snapshot Guide

This guide contains everything you need to start voting. In order to participate you will need:
Min of 4k ERC-20 Four Tokens A browser with Metamask installed

Voting process:

(1) visit: https://vote.the4thpillar.io (not yet available); (2) connect your Metamask wallet (it should be the one where Four Tokens are stored); (3) after reviewing the listed proposals, select your preferred option and click Vote.
Note: Voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain.