OPAL
  • 📖OPAL Introduction
  • 💡Context
  • 📚Whitepaper
    • Goals
    • Omnipools
    • Roadmap
    • F.A.Q
    • Audit
  • 📈Tokenomics
    • $GEM flywheel
    • Supply
    • Staking Omnipools LP
    • Locking $GEM
    • Fee Structure
  • 🗳️Governance
    • Understanding Governance
    • Proposals
    • Liquidity Allocation Vote (LAV)
    • GEM Allocation Vote (GAV)
    • Snapshot
    • Voting
    • Contracts
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  1. Governance

Voting

The $GEM locker contracts allows users to lock Balancer GEM-ETH BPT and acquire $vlGEM.

Voting

This is an overview of how voting takes place in the Opal DAO.

What is $vlGEM?

Balancer GEM-ETH BPT can be locked for a period of sixteen weeks. In exchange for locking a user will receive $vlGEM. This is a non-transferrable token (e.g. vlAura). After the lock period has expired, the user can withdraw the underlying LP tokens or relock it.

Where can I vote?

Voting takes place via Snapshot.

Can I get involved in governance discussions?

Yes, check out the Opal governance forum.

Are there multiple locks?

No. Similar to how holders can lock Aura during a specific duration of 16 weeks for vlAura, Opal has a unique lock duration. ​

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Last updated 1 year ago

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