Voting Process
The elections will be held on Snapshot. Snapshot is an online voting platform that allows web3 communities like DAOs and DeFi protocols to vote with their token holdings. Snapshot votes happen off chain and do not incur any gas fees for the voter.
Each voter will vote through their miner group’s Snapshot page. This guide will:
- Direct voters to their designated Snapshot page
- Help voters through connecting to Snapshot
- Explain how to record a vote.
1. Snapshot page selection
Stakers and Liquidity Miners have their own Snapshot vote page. The links to these are provided below:
2. Connecting Metamask to Snapshot
After navigating to the specified miner group space on Snapshot, click “join” and follow the steps below to connect your MetaMask wallet:
- Click on “MetaMask” in the “Connect Wallet” popup.
- Ensure you have the MetaMask browser extension installed. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar to open it.
- Beneath “Connect with MetaMask,” ensure the appropriate account is checked. Click “Next.”
- Check the address on the next screen and grant approval to Snapshot by clicking “Connect.”
- You’re connected! Continue on below to record your vote.
3. Recording your vote
After you’ve connected your wallet with Snapshot, follow these steps to vote:
Stakers
- Navigate to: https://snapshot.org/#/telcoinstakervote.eth
This will show the two proposals stakers can vote on:
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First, click on ‘Council Election 1: Stakers’. You will be brought to a page similar to the following:
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Click the ‘Stakers’ link below ‘Discussion’ to be taken to the Telcoin forums where you can find all of the staker’s applications, within their respective council threads, and review the nominees.
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This vote is for uncontested seats, meaning all candidates were the only nominees for their specific role. As a result, your vote is a ‘Yes’, in favor of all of the candidates, or a ‘No’, meaning you do not support them.
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Beneath ‘Cast your vote’,choose the option you wish to vote for. Click ‘Vote’.
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Confirm your decision and see your TEL voting power in the ‘Cast your vote’ popup. You can enter a reason for your vote choice. We ask you use this to justify any ‘No’ votes. Click ‘confirm’ to submit your vote.
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MetaMask will open with a ‘Signature request’ screen. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar. Confirm the details and click ‘sign’ to cast your vote.
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A popup will appear in Snapshot confirming that ‘Your vote is in!’
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You have successfully voted for the Treasury, TAN, TELx and Compliance Councils Staker’s representatives!
- Now we will proceed to the ‘Platform Council Election 1: Stakers’ proposal.
- Click on the ‘Click here’ hyperlink, in the red box of the screenshot above. This will take you to the Platform Council Election 1: Stakers page, as shown below:
- Click the ‘Platform Council Election 1: Stakers’ link below ‘Discussion’ to be taken to the Telcoin forums for this vote and review the nominees.
- Beneath “Cast your vote,” choose your preferred candidate. Click ‘Vote’.
- Note: this is a single choice vote, therefore each voter has one vote.
- Confirm your decision and see your TEL voting power in the ‘Cast your vote’ popup. You can enter a reason for your vote choice if you wish. Click ‘confirm’ to submit your vote.
- MetaMask will open with a ‘Signature request’ screen. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar. Confirm the details and click “sign” to cast your vote.
- A popup will appear in Snapshot confirming that ‘Your vote is in!’
- You have successfully voted on the Platform Council Election Stakers representatives!
Liquidity Miners
- Navigate to: http://snapshot.org/#/telxvote.eth where you should see a page similar to:
- Click on ‘Council Election 1: Liquidity Miners’, in the red box. This will take you to a page that looks like this:
- Click the ‘Liquidity Miners’ link below ‘Discussion’ to be taken to the Telcoin forums where you can find all of the staker’s applications, within their respective council threads, and review the nominees.
- This vote is for uncontested seats, meaning all candidates were the only nominees for their specific role. As a result, your vote is a ‘Yes’, in favor of all of the candidates, or a ‘No’, meaning you do not support them.
- Beneath ‘Cast your vote’,choose the option you wish to vote for. Click ‘Vote’.
- Confirm your decision and see your TEL voting power in the ‘Cast your vote’ popup. You can enter a reason for your vote choice if you wish. We ask you use this to justify any ‘No’ votes. Click ‘confirm’ to submit your vote.
- MetaMask will open with a “Signature request” screen. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar. Confirm the details and click “sign” to cast your vote.
- A popup will appear in Snapshot confirming that “Your vote is in!”
- You have successfully voted for the Treasury, TAN and Compliance Councils Liquidity Miner’s representatives!
- Now click on the ‘Click here’ hyperlink, in the red box of the screenshot above. This will take you to the Platform Council Election 1: Liquidity Miners page, as shown below:
- Click the ‘Platform Council Election 1: Liquidity Miners’ link below ‘Discussion’ to be taken to the Telcoin forums for this vote and review the nominees.
- Beneath ‘Cast your vote’, choose your preferred candidate. Click ‘Vote’.
- Note: this is a single choice vote, therefore each voter has one vote.
- Confirm your decision and see your TEL voting power in the ‘Cast your vote’ popup. You can enter a reason for your vote choice if you wish. Click ‘confirm’ to submit your vote.
- MetaMask will open with a ‘Signature request’ screen. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar. Confirm the details and click ‘sign’ to cast your vote.
- A popup will appear in Snapshot confirming that ‘Your vote is in!’
- You have successfully voted on the Platform Council Election Liquidity Miners representatives!
- Finally, go to the TELx Council Election 1: Liquidity Miners page. It should look like this:
- Click the ‘TELx Council Election 1: Liquidity Miners’ link below ‘Discussion’ to be taken to the Telcoin forums for this vote and review the nominees.
- Beneath ‘Cast your vote’, choose your preferred candidate. Click ‘Vote’.
- Note: this is a single choice vote, therefore each voter has one vote.
- Confirm your decision and see your TEL voting power in the ‘Cast your vote’ popup. You can enter a reason for your vote choice if you wish. Click ‘confirm’ to submit your vote.
- MetaMask will open with a ‘Signature request’ screen. If MetaMask doesn’t open automatically, click on the orange fox icon in your browser’s navigation bar. Confirm the details and click ‘sign’ to cast your vote.
- A popup will appear in Snapshot confirming that ‘Your vote is in!’
- You have successfully voted on the TELx Council Election Liquidity Miners representatives!
- Congratulations! You have successfully cast all your votes