Dear community members,
We would like to share with your the first weekly recap, where we will summarize all the developments of the previous week and also explain certain decisions more in-depth so you can all have a glimpse into the decision-making process.
Foremost we’d like to thank all of our cherished members for being with us for the starting ride — and we’re happy to share the project will soon be one month old on 17th November! We’ll have some exciting news to share in the next article, so make sure you follow us to receive the latest developments once they go live on our social media channels!
Governance platform launch
About a week ago our governance system had officially been deployed with the launch of our governance forum, which was very well accepted from the community and the engagement has been more than great so far!
We’re happy we can have a platform for serious protocol discussions and we’ve been overwhelmed with the suggestions, ideas and proposals our members have posted so far. We’ve carefully examined all of your feedback and we’ve come to some conclusions moving ahead. More will follow in the next paragraph.
Quadratic voting platform launch
The second big development of the week was the launch of our completely hand-made governance voting system that was successfully carried out for the first community vote.
The voting system utilizes the quadratic voting function to ensure even smaller stakeholders can voice their opinion and that even their contributions can shape the future of the $VOX ecosystem. After all, the slogan of our project is “Vox Populi” — voice of the people.
We’re happy to see a turnout of about 25,0 % of all voting power on the platform and that our community was almost unanimous on the decision.
More than 94,0 % of the voting power was against listing on a centralized exchange!
Launch of $WBTC private staking pool
This week we’ve also launched our third private staking pool, this time the rewards are in the form of $WBTC tokens.
In a period of 14 days, 1.23 WBTC (approximately 20k$) will be paid out to participants in the pool. This pool is introduced as our first staking pool, that we’ve announced in collaboration with JustLiquidity, comes to a close today.
We’ll have a new pool coming in very soon that will pay out even more interesting rewards and we can’t wait to share more news with you!
How to join a private pool?
Buy $VOX → stake $VOX on https://app.vox.finance → receive $POPULI
Deposit $POPULI → private pool ($WETH or $WBTC), earn rewards
There are no withdrawal fees, no minimum amounts, no locking periods.
Those were the top events of the previous week. Along with that we’ve been working hard on polishing our front-end, making user experience better and providing more in-depth guides on how to use our platform, all while staying active on our social channels to help all members and share our opinion when needed.
We’re very lucky to be where we are and we can’t wait to build even more. This next week will be a big one. Stay tuned!
About Vox Finance
“Vox Finance is a decentralized finance (DeFi) project developed by an independent team of developers, seeking to bring an innovative approach to the new emerging market by providing high-quality and profitable services while relying on the voice of the people to bring in community engagement to the underlying protocol.”