• Sweat Economy, the team behind the SWEAT token, has proposed a new Web3 governance proposal in order to let the community decide on what to do with 100 million of its native tokens.
• The vote is set to take place on April 18th and will give everyone with liquid tokens the authority to determine how to deal with 100 million SWEAT tokens.
• A unique voting mechanism allows anyone – regardless of their knowledge of Web3 or wallet connection – to have a voice and participate in decision-making.

A New Governance Proposal

Sweat Economy, the team behind the SWEAT token, revealed that there’s a brand new Web3 governance proposal aimed at enabling the community decide the faith of a whopping 100 million of its native tokens.

The Vote

The vote is set to take place on April 18th, and it will give everyone with liquid tokens – those who have their SWEAT staked won’t be able to participate–the authority to determine how to deal with 100 million SWEAT tokens. One token will represent one vote.

Special Voting Mechanism

A special voting mechanism was created by Sweat Economy so that everyone should have a say in the direction of our company, regardless of their amount of tokens they hold, their knowledge of Web3 governance or wallet connection. This innovative vote mechanism makes it easy for anyone to have a voice and participate in decision-making process.

Voting Denominations

There will be five denominations denoted in percentages: 0%, 25%, 50%, 75%, and 100%. If the result is positive for distributing part of these funds, then an average from selected denominations will be calculated post-voting window.

Conclusion

This new governance proposal from Sweat Economy allows everyone with liquid tokens -regardless their knowledge or wallet connection -to make decisions about what happens with 100 million SWEAT Tokens by using an innovative voting mechanism where one token represents one vote.