Governance Guide: How To Vote

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Introduction

Moonwell Governance leverages both on-chain and off-chain voting mechanisms. Below is a step by step guide showing how to review and vote upon active proposals from the Governance Portal (on-chain) and the Snapshot Portal (off-chain).

Prerequisites

In order to participate in voting you will need:

• Web-3 wallet

• ​Delegated WELL tokens

• GLMR for gas (does not apply for Snapshot voting)

• An active proposal to vote on

Your WELL must be delegated prior to a proposal becoming active in order for your votes to count towards the current proposal.

On-Chain Voting

Once a Moonwell Improvement Proposal has made it through the proposal process and has been submitted, it will appear on the Governance Portal. Here you can view all current and former MIPs.

Step 1 - Connecting to Governance Portal

• Navigate to https://gov.moonwell.fi​

• Upon connecting to the Governance Portal, a pop-up modal will ask you to connect your Web3 wallet

• Accept the Terms of Use, Privacy Policy, and Disclaimer

• Connect wallet

Step 2 - Review Governance Portal

After connecting your wallet, you’ll see the main components of the Governance Portal.

• Your voting wallet in the top right

  • Your total voting power can be viewed by clicking on your voting wallet

• Links to the Governance Forums, Snapshot Portal, and the Artemis dapp​

• Current and former proposals

Step 3 - Voting

• If a proposal is currently live for voting, it will say Active next to the title. Upon clicking on an active proposal, a pop-up modal will appear showing proposal details.

  • Current vote tally

  • Time remaining

  • Proposed contract call

  • Proposal description

  • User voting power

  • Vote FOR , AGAINST , and ABSTAIN buttons

• To vote on a proposal, simply click on the voting action you want to choose. For the sake of this guide, we’ll be voting FOR this proposal.

• After choosing a voting direction, you’ll be presented with a transaction log modal showing your voting direction and prompted to confirm the transaction via wallet.

• Confirm transaction in wallet

• Once your transaction has completed, you’ll see the confirmed state in the transaction logs and proposal modal.

• You’ve successfully voted!

Note that you can only vote once per proposal. Make it count!

Off-Chain Voting (Snapshot)

Signal voting and voting on proposals that do not require upgrades or changes to the Moonwell Artemis codebase utilize the Snapshot Voting Portal.

Step 1 - Connecting to Snapshot Portal

• Navigate to https://snapshot.moonwell.fi​

• Upon connecting to the Snapshot Portal, a pop-up modal will ask you to connect your wallet

• Select and connect wallet

Step 2 - Voting

• Select an active proposal

• Select the option you want to vote for

• Click on the “Vote” button and sign the message via your wallet

• You’ve successfully voted!