3.3. Nutbox Voting Power

Nutbox Voting Power is the Governance Power of Nutbox DAO. The Nutbox governance reward of a user is charged by the user governance activity.

As an incubation DAO, the core governance task is to judge which community and projects should be incubated. Thus, Toolkits Voting is introduced. The more Nutbox Voting Power is accumulated, the more NUT will distribute to the user, the community, and the dapp/tool.

The rules of Nutbox Voting Power generation is followed:

The “locked period” means the time you have to wait to get back your NUT, when you want to unstake your NUT. The “locked period” can be chosen at be beginning of staking, and can be upgraded to a higher level stake situation at any time. But you can not downgrade your stake situation. The only way you can do is to stake NUT again.

The formula of Nutbox Voting Power is listed below:

Nutbox Voting Power is the Governance Power of Nutbox DAO. The Nutbox governance reward of a user is charged by the user governance activity.

As an incubation DAO, the core governance task is to judge which community and projects should be incubated. Thus, Toolkits Voting is introduced. The more Nutbox Voting Power is accumulated, the more NUT will distribute to the user, the community, and the dapp/tool.

The rules of Nutbox Voting Power generation is followed:

locked period	power weight
1 weeks	1
2 weeks	2
4 weeks	4
8 weeks	8
16 weeks	16
32 weeks	32
64 weeks	64

The “locked period” means the time you have to wait to get back your NUT, when you want to unstake your NUT. The “locked period” can be chosen at be beginning of staking, and can be upgraded to a higher level stake situation at any time. But you can not downgrade your stake situation. The only way you can do is to stake NUT again.

The formula of Nutbox Voting Power is listed below:

$$Nutbox\ Voting\ Power=\sum_{locked\ period} amount\ of staking\ NUT_{locked\ period}\times power\ weight_{locked\ period}$$