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First Vote for xPOLYCUB Governance by sanjeevm

View this thread on: hive.blogpeakd.comecency.com
· @sanjeevm ·
$13.48
First Vote for xPOLYCUB Governance
# Will help the team to fine tune the governance system.

![image.png](https://i.imgur.com/uzpUzad.png)

This is the first opportunity to participate in the xPOLYCUB Governance, which is going to expire soon. This [post](https://leofinance.io/@leofinance/introducing-xpolycub-governance-or-first-vote-reduce-the-locked-claim-power-down-window) has all the details and I did have a look at this post, but I was not quite motivated because, it said voting is stake-weighted based.  

> Voting is stake-weighted based on how much xPOLYCUB you hold - the more xPOLYCUB in your wallet, the more valuable your vote will be

Given that I hold only 361.231 xPolyCub (which is just 0.19%), I thought, it won't have any significant impact. But then this [conversation](https://leofinance.io/@onealfa.leo/re-sanjeevm-2hre5z) made me rethink on my decision. I am not an expert to derive the kind of data that @onealfa extracted, but what that image told me that, actually more number of tiny accounts have raised their voice. This is a good sign of a community, so I also decided to go ahead and cast my vote for a 30 Days claim window. Since this is stake based voting, the whale support for a particular tier can change everything at the last moment, I guess. I would have preferred a layered stake based voting - so that small accounts collectively could also do big impact. 

Now coming to the actual process, its pretty straight, if you use only one Metamask account - refer this [post](https://leofinance.io/@leofinance/introducing-xpolycub-governance-or-first-vote-reduce-the-locked-claim-power-down-window) , I wish, @leofinance should have added a timer to let people know the exact time when it ends. If you can do it now also, that will save people in last minutes. 

![image.png](https://i.imgur.com/Id2VygH.png)

Once you open the Metamask wallet, and paste the Governance Address, it prompts you to add to your address book. I have added it to be able to participate in future, if it is needed. The team says Future votes will have a frontend in place, so we may not need this, but its ok to save it, for reference. 

![image.png](https://i.imgur.com/1G8CFdk.png)

You should make sure you cast your vote from your address holding xPOLYCUB tokens - again, if you are using just one Metamask address then you should be good. To double check, just copy the address from your Metamask wallet and put on a text editor. And then copy the wallet address to which https://polycub.com/staking is connected and paste under the previous one. They should be exactly same. 

I am in favor of a 30 Days claim window, and it sounds reasonable. The reason for that is , 90 day claim window does not sound interesting to me at all - it can have a negative impact because of volatility. Cub, PolyCub are good examples themselves. 30 days is a medium time frame, that helps one to visualize when he is going to claim and plan accordingly. And 15 days or less may give opportunity to manipulate the market fast. So 30 days seems the best option and I think, many are going for this. 

![image.png](https://i.imgur.com/k8mGgQY.png)

Confirm in the next screen.

![image.png](https://i.imgur.com/pFIH6oo.png)

It may show as Pending, and you can speed up by putting high gas fees, but for me it got confirmed in few seconds. 

![image.png](https://i.imgur.com/mJ8u7Nr.png)

![image.png](https://i.imgur.com/AD7MyVD.png)

That was it. As I said, even though, I was not very much interested to vote because of my tiny stake, after seeing the figure I realized, we are helping the team to fine tune the governance system, by casting our vote. In that way, we are helping the team to test this new feature, that will bring confidence for them to roll out more features faster, which they already have pre-built - a help from the community. There is already a glimpse of the Governance UI, that the team is polishing for the next governance vote, so I am sure, next time we will have it much simpler.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sanjeevm/first-vote-for-xpolycub-governance)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 79 others
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vote details (143)
@barski ·
$0.36
I will recuse myself and abstain from voting), I think that experienced guys will choose the most productive leadership.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@barski/re-sanjeevm-s823v)
πŸ‘  
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vote details (1)
@sanjeevm ·
Not always true.
πŸ‘  ,
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vote details (2)
@barski · (edited)
In my case, this is true, I don’t know which of you guys, who communicate in narrow circles of finance, understand who can bring more benefit to the system, and my uninformed voice can only spoil the overall picture, I don’t want to get confused under you feet). I'm not sure if a smaller window would be good for the coin, but humanly speaking, you know, a smaller window seems more interesting. When there is no certainty, it is better to abstain.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@barski/re-sanjeevm-29y1m6)
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@dlmmqb ·
$0.35
I also agree with 🐲 30 will be fine.
πŸ‘  
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vote details (1)
@emeka4 ·
$0.36
The idea with the 30days will be really appropriate 
πŸ‘  
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vote details (1)
@hivebuzz ·
Congratulations @sanjeevm! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@sanjeevm/payout.png?202204251357"></td><td>You received more than 19000 HP as payout for your posts, comments and curation.<br>Your next payout target is 20000 HP.<br><sub>The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD</sub></td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@sanjeevm) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


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@india-leo ·
Indiaunited Curation 1650886714365
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@indiaunited ·
Indiaunited Curation 1650880805559
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@jesustiano ·
But, who is the one that you voted for? What is their purpose of the governance of the token? 
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@sanjeevm ·
It is a proposal. The purpose of the governance token is to control these proposals. 
πŸ‘  
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vote details (1)
@jfang003 ·
I did 30 days as well for my vote. 90 days is too long and 15 seems a little too short for me.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-sanjeevm-4kphfm)
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@kawsar8035 ·
$0.36
Good decision and 30 days time also seems appropriate.
πŸ‘  
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vote details (1)
@marcusantoniu26 ·
$0.35
I like the idea of 30 days
πŸ‘  
πŸ‘Ž  
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vote details (2)
@menox98 ·
Why we don't try 20 days, crypto field has many changes quickly or no?
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@menox98 ·
$0.36
Why we don't try 20 days, crypto field has many changes quickly or no?
πŸ‘  
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vote details (1)
@sanjeevm ·
Option not provided :)
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@mistakili ·
$0.36
I’ll choose 15 because it’s lesser than 30 and way lesser than 90. 

In terms of market manipulation, if it can’t happen in 30 days, then it can’t happen in 15.  If it can happen in 15, then it can happen in 30 days, this is how i see it 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-sanjeevm-65tmnb)
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vote details (1)
@sanjeevm ·
Why not a week then ?
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@mistakili ·
Lol too soon 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-sanjeevm-4c25jp)
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@olympicdragon ·
$0.35
The 30 days is just right. With crypto things happen fast. So I think just in the medium is the best !
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vote details (1)
@sanjeevm ·
Exactly, 30 days are just right. 
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@poshtoken ·
https://twitter.com/sanjeevmbbsr/status/1518539067775889409
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@temileke ·
$0.36
Why not consider 15 days
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vote details (1)
@sanjeevm ·
Its a little fast, but not very fast though. Patience...
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@worldstories ·
$0.36
Votes have relation with xPOLYCUB stacked ? we should increase our tokens to have good voting value
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vote details (1)
@sanjeevm ·
Yes, I have run out of all the money :) 4.7k $ invested and its now less than 2k.
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