Introducing Fully On-Chain Voting for Razor Network

Introduction

As Razor Network evolves, we are excited to announce a significant milestone in our governance process: transitioning to a fully on-chain voting platform. This advancement marks a pivotal step towards enhancing our protocol’s decentralisation, transparency, and security.

Since voting is now fully on-chain, it is both censorship-resistant and transparent. All votes are immutable and publicly accessible, allowing stakeholders to verify the integrity of the voting process and ensuring that the results accurately reflect the community’s will.

Details

To vote on Razor Network’s governance proposals, visit vote.razor.network. Ensure you hold one of the following:

• $RAZOR tokens on the Razor Chain.
• $sRZR tokens (staked $RAZOR) on the Razor Chain.

Quick Steps

1. Prepare Your Wallet: Ensure you have enough gas for transactions by visiting the Faucet to get sFUEL.
2. Vote on Proposals:

• Select a proposal, review the details, and choose your voting option: FOR, ABSTAIN or AGAINST.
• Confirm and send the transaction through your wallet to register your vote.

For detailed instructions, please refer to our documentation.

We invite all Razor community members to participate in the new on-chain voting platform. Your participation is essential in shaping the future of Razor Network. Thank you for being a vital part of our journey.