How to use governance
Rule the protocol by having TETHYS tokens
In order to create a proposal, you need to have at least 5,000 TETHYS tokens in one of supported allocations:
- Metamask wallet
- TETHYS-METIS LP
To create a proposal, first thing you need to do is to visit the governance panel, connect wallet and click "New proposal button". After that, provide the required inputs and submit the proposal.
Click "New proposal" button
Fill required fields and click "Publish"
Users with more than 0 TETHYS in one of supported are eligible to vote for various proposals. To being, navigate to governance panel and find the proposal you want to participate in. Choose the desired option and submit your vote.
find the proposal you want to participate in
Minimum amount of votes for the vote to be considered successfully finished is 500,000 TETHYS. If a proposal didn't make it to 500,000 TETHYS total voted power, vote considered unsuccessful
Only TETHYS at the moment of proposal creation are counted as tokens you are able to vote with. Which means you cannot buy more and vote right after proposal begins.