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๐ŸฆProposals

What is a Proposal?

Proposals are your chance to have a say on the direction of Veloceโ€™s real-world assets, including Extreme E & Esports teams, and manage Veloceโ€™s content creators.

How is voting weight calculated?

Veloce utilises the Penrose model to calculate the VEXT holderโ€™s voting weight. The more VEXT a user owns, the bigger their impact on voting, but at a decreasing rate. This ensures that the voice of smaller holders is balanced against larger holders.

Benefit of participating in Proposals

Cast your vote on the future of Veloce business activations, like what content goes out, who from Veloceโ€™s creators will produce next, what a new Veloce Racing teamโ€™s design livery will be, and so much more.

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