VOTING WEIGHT
Voting Weight (vw) refers to your voting power. The more voting weight you have, the more voice your vote carries.
EXAMPLE:
1. Users A, B, C, D, E each have 10 voting weights. (50 vw in total)
2. They all vote for the months burning rates to be 1% per transaction.
3. User F has 60 voting weights and she votes for the burning rates to be 10% per transaction.
4. Voting Results = 10% burning rates per transaction as it has the most voting weights accumulated on it.
5. How is Voting Weight (VW) calculated?
PLEASE NOTE! Voting consensus only takes place from SEPTEMBER 2019.
The equation shown below is subject to change as we constantly research for better alternatives to fairly distribute voting weights.
VW = Exponential Average of (frozen hours * frozen balance * [+y or -y]) / percentile factor
this is all very interesting and I think this model will allow the coins to be in the price, but you need to understand where this ecosystem will work. More precisely as it will be applicable in real life.