DAO is an acronym of 'Decentralized Autonomous Organization'. This is a group of people or organizations that are unified in purpose such that they act as one organizational body.
This DAO allows Axion shareholders a chance to vote on prominent changes to the Axion ecosystem. Votes are weighted by the number of shares you hold, as long as those shares are in stakes over 350 days.
We are using Snapshot.org to host our DAO voting system, as it is a popular choice in the DeFi world, and allows us to weigh your votes based on the shares you own.
Qualified shareholders can visit https://vote.axion.network to see current and historical votes.
Users will need to press the Connect Wallet button to connect the wallet holding their stakes, in order to place a vote. On a mobile, the Connect Wallet is a small icon at the top of the page, that looks like an 'Enter' symbol.
Once your wallet is connected, you can select a vote option and click Vote.
A Confirm Vote window will open, showing you your voting power (how many of your shares qualify for voting).
Once you confirm your Vote, MetaMask will open a Signature Request transaction. This is a free transaction. Simply click Sign, and your vote will be placed.
If you have any trouble voting, please use the Live Chat Support by clicking the icon at the bottom right of this page.