🏦Proposals

What is a Proposal?

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

How is voting weight calculated?

Veloce utilises the Penrose model to calculate the VEXT holder’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 Veloce’s creators will produce next, what a new Veloce Racing team’s design livery will be, and so much more.