Dear PlanetWatchers, the time has come for the first Governance vote.
The proposal is to implement a permanent 50% increase for the max rewards per stream for Type 3 sensors, to be funded out of the standard Type 3 rewards budget (you can learn more in this blog post).
Voting will start on December 20 at 2.00 pm UTC and will close on December 23 at 2.00 pm UTC.
You must update the PlanetWatch App to the next version and Sign In with your credentials.
In the Sensors page click on “Governance Vote #1” .
Click on “I want to participate”.
In order to vote you need to hold at least a preexistent wallet in the App, with at least 0.102 Algos available for voting operations (0.101 Algos are spent to initialize a special token used for the vote, plus and 0.001 Algos are spent for the transaction delivering your vote.
We remind all users that it is mandatory to hold at least 0.1 Algos on deposit in your wallet for each asset you own.
Select the wallet that you want to use to vote and where you’ll receive the voting tokens (https://algoexplorer.io/asset/473073010) then click on “Proceed”.
Your voting power is proportional to the number of voting tokens that you will receive. This number depends on the aggregate reputation score for all sensors linked to your email address. The score snapshot was taken on December 6 after the daily reward distribution.
Please note that if you merged your email accounts before December 6th your aggregated reputation score is based on all sensors linked to your unique email address. Otherwise, you need to login in the App with each of your accounts.
Choose between the options:
YES, I support the PlanetWatch proposal for a permanent 50% increase for the max rewards per stream for Type 3 sensors, which will be funded out of the standard Type 3 rewards budget.
NO, I do not support the PlanetWatch proposal for a permanent 50% increase for the max rewards per stream for Type 3 sensors, to be funded out of the standard Type 3 rewards budget.
We recommend you vote for Option A.
Your vote will be recorded and you will see the current trend of the vote.
As you know, in the PlanetWatch ecosystem voting power is related to sensor reputation, i.e. power is accumulated by operating sensors which stream useful data. This is very different from most other ecosystems, where voting power is directly attached to wealth via the number of tokens held.
Keep watching the Planet and get ready to vote!
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