Token Status
Number of Voters: -Current number of voters.
Staked: - BvsBCurrent amount of BvsB tokens in the staking pools.
Voted BULL: - BvsBCurrent amount of BvsB tokens used to vote BULL.
Voted BEAR: - BvsBCurrent amount of BvsB tokens used to vote BEAR.
BULL Power: -BULL Power = 5 * Voted BULL + Staked
BEAR Power: -BEAR Power = 5 * Voted BEAR
NET Power: -NET Power = BULL Power - BEAR Power
Current Mode: -Current mode: BULL (only buying is allowed) or BEAR (buying and selling are allowed).
Vote Now
Wallet Balance: - BvsBAmount of BvsB tokens in your wallet.
Voting Amount: - BvsBYour amount of BvsB tokens used for voting.
Voting Option: - Your vote.
Time to Withdraw: 60mRemaining time until you are allowed to withdraw your tokens.
Note that withdrawing your tokens will also remove your vote.
How does Voting work?
BvsB holders can use their tokens to vote and collectively determine the Current Mode. There are 2 options: BULL or BEAR.
You can add more tokens to your vote at any point in time by entering an amount and clicking "Vote BULL" or "Vote BEAR". You can get your tokens back by clicking "Withdraw Vote" after 60 minutes from your last voting time.
The BULL power and the BEAR power are compared to decide the Current Mode. We are in BULL mode if BULL power is greater than BEAR power. Otherwise the token will be set to BEAR mode.
BULL Power = 5 * (Tokens used to Vote BULL) + (Total Staked Tokens)
BEAR Power = 5 * (Tokens used to Vote BEAR)
As you can see, the tokens in the Staking pools also have a place in the formula. This is interesting, as staking is a way to generate rewards while voting BULL.
Read more about how voting works HERE.
F.A.Q.
1. How can I start voting?
Connect your wallet, enter the amount of tokens that you want to vote with and click Vote BULL or Vote BEAR. Your tokens will be transferred from your wallet to the smart contract. You can see your locked amount in the Vote Now section after the transaction is confirmed.
2. Can I get my tokens back anytime?
You have to wait at least 60 minutes before you are able to click "Withdraw Vote". You can see the remaining time for unvoting in the Vote Now section after you vote (see "Time to Withdraw").
3. Can I sell my tokens if the Current Mode is BULL?
No. Sells are not allowed when we are in BULL mode. However, buys are allowed in both, BULL and BEAR modes.
4. Why do staked tokens count for the BULL Power?
Staking your tokens means locking them for a certain period, which means you support the project. This means that it makes sense to take them into account in the formula. However, note that tokens used for voting count 5 times more than staked tokens. Tokens locked for voting do not generate rewards like they would if used for staking.
5. Are there any fees?
The platform does not take any fees. Transactions on the BNB Chain take a very small amount of transaction fee in BNB, but all of our services are free of fees!