How to Participate in Governance

Obtain COS: Secure COS tokens by purchasing them on a decentralized exchange (DEX) or acquire them at a discounted rate through the Cosmos DAO bonding mechanism, enhancing your entry into the ecosystem.
Convert to xCOS: Transform your COS into xCOS by staking or bonding it through the Cosmos DAO process, where xCOS is generated as a result. The official contract address is detailed within the Cosmos DAO documentation for seamless integration.
Engage in the Forum: Participate in insightful discussions and evaluate proposals on the Cosmos DAO forum, such as Snapshot, to stay informed and contribute to community dialogue.
Vote: Exercise your influence by casting votes on proposals using xCOS via the designated on-chain voting platform, shaping the protocol’s future.
Verify Governance Implementation: After voting, confirm the application of governance decisions by reviewing updates on the Cosmos DAO platform or official announcements to ensure your input is reflected.
Check Rewards: As an xCOS holder, enjoy periodic rebase rewards, automatically credited to your wallet, reflecting your staking contributions.

Participating in governance offers the following advantages:

Treasury Operation Revenue Rewards:
Earn additional rewards from the revenue generated through treasury operations, providing economic compensation for your community contributions.
Hybrid DeFi Product Development and Revenue:
Propose, develop, and operate your desired Hybrid DeFi products to generate revenue, with proposers eligible to receive additional profits from these innovations.

Last updated 4 months ago