π³οΈ Voting Mechanism
Last updated
Last updated
UnityBot's voting mechanism is at the heart of its decentralized governance model, giving power directly to the participants within each investment campaign. The voting process enables the community to collectively decide on crucial aspects, such as holding or selling tokens, making it a fair and democratic decision-making process.
Here's how the voting mechanism works in UnityBot:
Proposal Initiation: Any campaign manager in mates mode can propose a trading action, such as selling tokens or holding them for further growth. The proposal is then presented to the community members participating in the campaign.
Community Voting: Once the proposal is initiated, all participants within the campaign have the opportunity to cast their votes. UnityBot's governance mechanism then facilitates a democratic decision making process for all.
Vote Tallying and Execution: After the voting period concludes, UnityBot's smart contract tallies the votes and determines the outcome based on the consensus then automatically executes the action.
The voting mechanism in UnityBot not only ensures community-driven decision-making but also fosters a sense of ownership and involvement among all participants by giving users a voice in the investment process. As UnityBot continues to evolve, we remain committed to refining the voting mechanism and expanding decentralized governance to empower token holders further.